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Define the term laissez-faire. What is the role of the government in a laissez-faire economy?

User Nate Hitze
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Answer:

the doctrine that government should not interfere in commercial affairs beyond what is necessary to keep the peace and protect property rights

Step-by-step explanation:

so basically the government wants nothing to do with they way businesses run or how they treat their employees unless there are extremes such as riots.

User Nikandr Marhal
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Answer:

:), im not sure if this is 100% what is needed but Here :))

Step-by-step explanation:

The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be—and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism

User AlphaCR
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