Which of the following would be a laissez-faire approach for the government to follow?
A) take control of the nation's airline system
B) regulate the allowable emissions of pollutants from electric plants
C) remove all regulations on the channels a cable television system must carry
D) become more stringent in the type of mergers that receive government approval
E) protect dairy-farm owners with a guaranteed minimum price for milk

Question

Quizplus · Accepted Answer

A laissez-faire approach involves minimal government intervention in the economy. Removing regulations, as in option C, aligns with this philosophy by allowing businesses more freedom to operate as they see fit without government-imposed requirements.

Which of the Following Would Be a Laissez-Faire Approach for the Government