Question

Which of the following ideas is associated with laissez-faire economics?Select one of the options below as your answer: A. command economy B. free market economy C. mixed market economy D. socialist economy E. traditional economy

Answer 1

B is the answer to this question

Answer 2

B. Free market economy is the idea associated with laissez-faire economics, which can be translated as "let it be" economics. It refers to the belief that prices for goods are set freely by consumers.