A laissez faire policy is one in which
A) the government plays a major role in guiding economic activity
B) the government prefers to control taxes rather than spending
C) the government leaves things alone
D) individuals rely on the government for guidance but not for active intervention in the economy
E) businesses rely on the government for guidance but not for active intervention in the economy

Question

Quizplus · Accepted Answer

A laissez faire policy is characterized by minimal government intervention in economic affairs, with the government leaving things alone and allowing the market to operate without interference. Therefore, the correct choice is C - the government leaves things alone.

A Laissez Faire Policy Is One in Which