Which best defines laissez-faire capitalism?
A) Business activity and natural resource usage and distribution are not regulated by the government
B) Government controlled distribution of natural resources with little involvement in other sectors of the economy
C) Ownership of the means of productions is split between public and private entities
D) Existence of extensive legislation governing internal trade
Correct Answer:
Verified
Q28: Economist and philosopher Adam Smith's expression, "the
Q29: The Leahy Amendment prohibits foreign assistance to
Q30: Under the World Trade Organization and the
Q31: The Massachusetts state legislature banned any Massachusetts
Q32: Economic globalization, or the increased geographic dispersion
Q34: A statement from Exxon-Mobile that their third
Q35: Which of the following defines the opportunity
Q36: Which best describes the economy of the
Q37: Which best describes the calculation of GNP
Q38: In the United States changes in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents