Laissez-faire is a form of ________ under which people compete freely with minimal government intervention in the economy.

Question

Quizplus · Accepted Answer

Laissez-faire is a central doctrine of capitalism, advocating for minimal government intervention in the economy and allowing for free market competition. Socialism and communism advocate for greater government control and redistribution of resources, while totalitarianism implies complete government control over all aspects of society.

Laissez-Faire Is a Form of ________ Under Which People Compete