If a government is very hands off with the economy and does not carry out much in the way of business regulation, this is characterized as

Name: If a government is very hands off with the economy and does not carry out much in the way of business regulation, this is characterized as
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Laissez-faire refers to a hands-off approach to the economy, where the government does not interfere much in business regulation or control. It is often associated with free-market capitalism.

If a Government Is Very Hands Off with the Economy