Which of the following, if True, most undermines laissez-faire systems?
A)Government intervention limits economic growth.
B)Private enterprise makes the nation prosper.
C)Markets do not always regulate themselves.
D)Welfare systems create a culture of dependence.

Question

Quizplus · Accepted Answer

Laissez-faire systems rely on the notion that markets will regulate themselves without the need for government intervention. If markets are shown to not always self-regulate, then it would undermine the idea that government intervention is unnecessary. Options A, B, and D are all arguments in support of laissez-faire systems.

Which of the Following, If True, Most Undermines Laissez-Faire Systems