Which of the following would best describe a policy of laissez-faire?
A)More production of capital goods than consumer goods.
B)More production of consumer goods than capital goods.
C)An emphasis on the role of the market.
D)An emphasis on the role of government.
E)A reliance on custom.

Question

Quizplus · Accepted Answer

A policy of laissez-faire emphasizes the role of the market and is characterized by minimal government intervention in the economy. It is often associated with free market capitalism and an emphasis on individual freedom and competition.

Which of the Following Would Best Describe a Policy of Laissez-Faire