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The government’s use of laissez-faire benefits which of the following groups?

A) Corporations
B) Labor unions
C) Small businesses
D) Entrepreneurs

User Mpjan
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1 Answer

4 votes

Final answer:

Entrepreneurs typically benefit the most from laissez-faire policies as they can innovate and function with minimal government intervention. Corporations have existing protections, while labor unions and small businesses may favor certain regulations for protection and fair competition. The correct option is D.

Step-by-step explanation:

The government's use of laissez-faire policies is typically thought to benefit groups that rely on minimal government intervention and regulation to operate and grow. Within the context of a laissez-faire approach, it is entrepreneurs who stand to gain the most. These individuals are often looking to innovate and bring new products to market without the hindrance of government oversight or stringent regulations.

Corporations, while they can also benefit from laissez-faire economics, already have established financial and legal protections that allow them to take risks. Labor unions and small businesses, on the other hand, may actually benefit from certain government regulations designed to protect workers or ensure fair competition. Labor unions often support regulations that protect workers' rights, while small businesses might rely on regulations that prevent larger companies from engaging in unfair competition.

Hence, Option D is correct.

User Prthrokz
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