Laissez-faire, which is a government policy that allows the marketplace to operate unhindered with a minimum of government interference, must be present for true capitalism.

Question

Quizplus · Accepted Answer

Laissez-faire is a key principle of capitalism. It allows for free competition and encourages innovation and growth in the economy. Without this policy, the government's interference can skew the natural laws of supply and demand, causing an imbalance in the market. Therefore, for true capitalism to exist, laissez-faire must be a government policy.

Laissez-Faire, Which Is a Government Policy That Allows the Marketplace