Final answer:
The statement regarding laissez-faire politics involving heavy government intervention in the economy is false. Laissez-faire economics advocates for minimal government involvement, allowing market forces to naturally dictate economic activity.
Step-by-step explanation:
The statement 'Laissez-faire politics is when the government gets very involved with the economy' is false. Laissez-faire economics is a system where the economy operates without much government intervention. Under laissez-faire, private businesses and markets are left to operate freely, with the belief that this leads to the most efficient and beneficial outcomes for the economy. The ideology suggests that market forces alone should drive the economy and that the natural economic cycle of booms and busts is self-correcting. The vast majority of policy advocates before the 1930s sided with this hands-off approach, believing in the superiority of private investment decisions and a self-regulating market.