Laissez-faire refers to a form of Quizlet

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What is laissez

The driving principle behind laissez-faire, a French term that translates to "leave alone" [literally, "let you do"], is that the less the government is involved in the economy, the better off business will be, and by extension, society as a whole. Laissez-faire economics is a key part of free-market capitalism.

What is laissez

Laissez-faire Capitalism. Free market approach, all economic decisions made by producers and consumers, no government interference [no regulations].

What was laissez

Laissez-faire is a policy of minimum governmental interference in the economic affairs of individuals and society. The doctrine of laissez-faire is usually associated with the economists known as Physiocrats, who flourished in France from about 1756 to 1778. The term laissez-faire means, in French, “allow to do.”

Which of the following best describes laissez

Which of the following BEST describes a laissez-faire economic policy? The government should leave business alone.

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