The enormous monetary bailouts of major American corporations by the federal government in 2008 was the opposite of what _______________ would suggest.

Question

Quizplus · Accepted Answer

The laissez-faire approach is a political and economic philosophy that advocates for minimal government intervention in economic affairs. Bailouts are a form of government intervention and are therefore contradictory to this philosophy.

The Enormous Monetary Bailouts of Major American Corporations by the Federal