Question

What is laissez faire?

a. the doctrine that states that government generally should not intervene in the marketplace

b. a social and political philosophy characterized by its fair distribution of wealth

c. a philosophy that states that government should control the marketplace

d. a period of change in which an economy moves away from a centrally planned economy toward a market-based system

Answer 1

The correct answer is D.

Answer 2

A laissez faire is the doctrine that states that gov’t generally should not intervene in the market place