Which of the following would be compatible with laissez-faire economic policy?

Question

Quizplus · Accepted Answer

Laissez-faire economic policy advocates for limited government intervention in the economy and promotes free competition among individuals and businesses. Therefore, the only choice that is compatible with this policy is free competition among individuals and businesses (Choice D). Government economic involvement (Choice A), economic safety nets (Choice B), and Social Security (Choice C) all involve government intervention and are not compatible with laissez-faire economic policy. The military-industrial complex (Choice E) refers to the collaboration between a country's military and the defense industry, and is not directly related to economic policy.

Which of the Following Would Be Compatible with Laissez-Faire Economic