Which of the following is not a feature of laissez-faire capitalism?
A) Competition
B) Guaranteed income
C) Private ownership of wealth
D) Economic freedom
E) Limited role of government

Question

Quizplus · Accepted Answer

Guaranteed income is not a feature of laissez-faire capitalism. Laissez-faire capitalism is characterized by competition, private ownership of wealth, economic freedom, and a limited role of government. The concept of guaranteed income goes against the principles of laissez-faire capitalism, which promote market forces and individual responsibility.

Which of the Following Is Not a Feature of Laissez-Faire