Question

Many nineteenth century businessmen believed that the American economy was 'self-adjusting." This idea traced its roots to

Adam Smith and his teachings concerning capitalism.
This philosophy of governmental non-interference in the economy is called
A)
Fabian economics.
B)
Marxist economics.
C)
Laissez-faire economics.
D)
Central-planning economics.

Answer 1

Answer: THE ANSWER IS C) Laissez-faire economics.

Explanation: I GOT A 100 ON THE 60 QUESTION TEST

Answer 2

C)Laissez-faire economics.