Laissez-faire economic thought argues that wealth ought to be distributed according to

Question

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Laissez-faire economic thought emphasizes free markets and minimal government intervention. Therefore, wealth should be distributed according to the forces of supply and demand in the market rather than through government decree or meeting the needs of society. A system of barter and exchange is also a possible means of distribution within a laissez-faire framework, but it is not as broad or flexible as the market system based on supply and demand.

Laissez-Faire Economic Thought Argues That Wealth Ought to Be Distributed