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Neoliberalism (Or Laissez-Faire Economics) Is Characterised by __________________

Question 31

Multiple Choice

Neoliberalism (or laissez-faire economics) is characterised by __________________.


A) minimal state intervention in the economy
B) an increase in the size and scope of the welfare state
C) collective initiatives guided by market-determined prices that naturally balanced demand and supply for all goods and services
D) development through state-led initiatives
E) cross-cultural economic development through loans and aid

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