For true capitalism to work, there must be a fourth condition, ________, which is a government policy that allows the marketplace to operate unhindered with a minimum of government interference.

Question

Quizplus · Accepted Answer

The term "laissez-faire" refers to a system in which the government does not interfere with the market, allowing supply and demand to determine prices and production. This is an essential condition for true capitalism, as government interference can distort the otherwise natural operation of the market.

For True Capitalism to Work, There Must Be a Fourth