Under a pure system of laissez-faire, the government would not do which of the following?
A)Prosecute criminals
B)Provide national defense
C)Punish those involved in conspiracies to fix prices
D)Establish minimum wages

Question

Quizplus · Accepted Answer

Under a pure system of laissez-faire, the government would not establish minimum wages, as it would be seen as interference in the free market. However, prosecuting criminals, providing national defense, and punishing those involved in conspiracies to fix prices may still be seen as acceptable functions of government in a laissez-faire system.

Under a Pure System of Laissez-Faire, the Government Would Not