Under a pure system of laissez faire, the government would not do which of the following?
A)prosecute criminals
B)provide national defense
C)punish those involved in conspiracies to fix prices
D)establish minimum wages

Question

Under a pure system of laissez faire, the government would not do which of the following?
A)prosecute criminals 
B)provide national defense 
C)punish those involved in conspiracies to fix prices 
D)establish minimum wages

Quizplus · Accepted Answer

Under a pure system of laissez faire, the government would not establish minimum wages as it believes in free market competition and letting market forces determine wages. However, the government would still prosecute criminals, provide national defense, and punish those involved in conspiracies to fix prices.

Under a Pure System of Laissez Faire, the Government Would