What does a belief in the doctrine of laissez-faire mean?
A)That the government should be restricted to providing public goods only.
B)That the government should be made responsible for ensuring that enough goods and services are produced in an economy.
C)That the government works best with limited market interference.
D)That the market works best with limited government interference.

Question

Quizplus · Accepted Answer

The doctrine of laissez-faire promotes the idea that the market functions best when left alone by the government with limited interference. This means that the government should not regulate economic activities like pricing and production. Hence, choice D is the best answer.

What Does a Belief in the Doctrine of Laissez-Faire Mean