Businesses should be free to make and sells what they please and, consequently, reflects the notion that government should not interfere with the economic affairs of business. This is referred to as:
A)Capitalism
B)Competition
C)Laissez Faire
D)Both B & C

Question

Quizplus · Accepted Answer

This is the definition of laissez faire, which advocates for a hands-off approach by the government in the economic affairs of businesses. Capitalism and competition are related concepts, but they do not fully encompass the principle of government non-interference.

Businesses Should Be Free to Make and Sells What They