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T/F? Free-market capitalism and laissez-faire capitalism are essentially the same thing.

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Final answer:

No, free-market capitalism and laissez-faire capitalism are not essentially the same thing. Free-market capitalism is an economic system where the forces of supply and demand operate without government intervention. Laissez-faire capitalism, on the other hand, is an economic policy that advocates for minimal government intervention and regulation in the economy.

Step-by-step explanation:

No, free-market capitalism and laissez-faire capitalism are not essentially the same thing. Free-market capitalism is an economic system where the forces of supply and demand operate without government intervention. Laissez-faire capitalism, on the other hand, is an economic policy that advocates for minimal government intervention and regulation in the economy. While both emphasize the importance of free markets, laissez-faire capitalism specifically calls for limited government involvement.

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