<u>Original Question</u>: A government is laissez-faire when it?
<u>Answer: does not interfere with business affairs and does not regulate its actions</u>
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<em>Explanation: Laissez-faire is an economic term that economists use when describing an unregulated market</em>
<em>An unregulated market in being the fact that the government doesn't involve us in the business world.</em>
<em>Its benefit is that allows for substantial growth in the industry as businesses are not bound by rules and regulations could increase the cost and decrease their efficiency.</em>
<em>However it is unbeneficial when businesses began to set up 'monoplies' and 'set inadequate working standards' that harm other businesses and workers. That is when the government would step in to regulate the market and break the laissez-faire terms on how to run a market.</em>
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Hope that helps!
#LearnwithBrainly
Based on the given description above regarding Reagan's economic program which is also known as the "supply-side economics", this kind of program has depended on tax cuts and high interest rates. This is based on Reaganomics promoted by Ronald Reagan. This aims in lowering government expenditure and and taxes.
The hardest part would be the puberty or voice changing or maybe the awkward part of being a teen in general maybe the acne or other moles you might get...
