117k views
3 votes
Laissez-faire economics opposes government intervention in _______.

religion
business
courts
education

User Avelis
by
6.0k points

2 Answers

1 vote
business. Laissez-faire has to do with wanting a free market where the government doesn't get involved in the business.
User Pushplata Patel
by
5.8k points
3 votes

Answer:

BUSINESS

Step-by-step explanation:

Laissez-faire economics opposes government intervention in the affairs relating to business.

Laissez-faire can be defined as a system in economics whereby there is no involvement or intervention from the government in the way things are been run in private businesses.

In Laissez-faire, things such as regulations, payments of tariffs and subsidies, taxes, minimum wages which are imposed by the government are also absent. This means that any form of regulations come from the private businesses themselves and not the government.

Laissez-faire economics believe the lesser the involvement of the government in private businesses, the lesser the complications and the better off the businesses and the society would be.

Laissez-faire economics is a capitalism idea and it was created by French Physiocrats during the 18th century.

User Astaykov
by
6.0k points