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Tems11 [23]
3 years ago
10

What is it called when the government takes a "hands off" approach to businesses?

Social Studies
2 answers:
Nadya [2.5K]3 years ago
7 0

Answer:

Laissez-faire

Explanation:

Apex

jasenka [17]3 years ago
3 0
Laissez faire,  pretty sure it's what you're referring to. Laissez faire(a Frencheconomic term) is when a government allows a business to do whatever it wants to, and does not make a government intervention, which might potentially cause a market failure(when subsidies, tariffs or tax goes wrong and cause externalities). For example, if a product is just bad, it's neither a merit (beneficial) or demerit good to society, the government will just remain indifferent to it, hoping it will be removed from the market as nobody wants it.
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The principle that prevents the disclosure of information to unauthorized people, resources, and processes is the security principle of confidentiality.

<h3>What is resources?</h3>

Resource refers to the sources or the material that are god gifted and naturally present in the environment which is economically viable, technologically accessible, and culturally sustainable and that enables us to meet our needs and desires.

The confidentiality principle is meant to ensure that personal information remains private, and it can be seen by the only this information who needs it to complete their job roles.

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