A nation that adopts a laissez-faire approach to forming economic policy is more likely to be classified as ______.

Question

Quizplus · Accepted Answer

A laissez-faire approach to economic policy is characterized by minimal government intervention and a free market system, which aligns with the principles of capitalism. Anarchism would advocate for the absence of government altogether, socialism would promote government control over the economy, and communism would involve communal ownership of property and resources.

A Nation That Adopts a Laissez-Faire Approach to Forming Economic