What is the economic and government policy of laissez-faire? Laissez-faire means non-interference and is in the best interest of
the nation. Laissez-faire means to help people all that you can. Laissez-faire means that you cannot give people everything they want. Laissez-faire means to do the best you can and then some. Laissez-faire means you cannot please all of the people all of the time.
Answer: The right answer is the A) Laissez-faire means non-interference and is in the best interest of the nation.
Explanation: Just to elaborate a little on the answer, it can be added that the French term <em>laissez-faire</em> can be translated as "to let do." It was coined by two French theorists in the 18th century, but it was first proposed as a economic doctrine by the Scottish economist Adam Smith (1723-1790), who claimed that a market works more efficiently and productively with scarce, or without, government intervention and regulation. Although he believed that society as a whole would benefit from this philosophy, laissez-faire economics is also criticised as being detrimental for those who are in need - those who support it are against minimum wages and corporate taxes, for instance.
"Laissez-faire means non-interference and is in the best interest of the nation" would be the best option from the list, since governments that take this mentality have a "hands-off" approach to the economy.
