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Who introduced the concept of laissez-faire?

User Ahmmed
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2 Answers

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6 votes

Answer: economist Adam Smith

Explanation: The policy of laissez-faire received strong support in classical economics as it developed in Great Britain under the influence of the philosopher and economist Adam Smith.

User Mattias Alfborger
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12 votes
12 votes

Answer:

Jean-Baptiste Colbert, the financial director of emperor Louis XIV of France, was the first one to create the laissez-faire philosophy.

User Tal Segal
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