Laissez-faire capitalism is characterized by
A) a very limited government role in the economy.
B) active government intervention in the economy.
C) individuals and ﬁrms abiding by a government economic plan.
D) the economic system of the United States today.

Question

Quizplus · Accepted Answer

Laissez-faire capitalism is a system where the government plays a very limited role in the economy. This means that individuals and firms are free to operate and make decisions without government interference. Therefore, option A, which describes limited government role, is the best choice.

Laissez-Faire Capitalism Is Characterized by