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A laissez faire economic policy would _____.

A.alter the business cycle
B.allow the economy to fix itself
C. decrease the money supply quickly
D. increase the money supply quickly

1 Answer

3 votes
B.allow the economy to fix itself

The term laissez-faire depicts the economic idea of conducting business transactions without government interference.

Laisses-faire is a french term which means "to let go". In the economic scenario, it enables merchants to self-regulate and do free trading with other merchants and clientele.
They are not subject to the government's imposition of tariffs, subsidies, regulations, and privileges.


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