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Tatiana [17]
3 years ago
11

What is a benefit of a laissez-faire market?

History
2 answers:
Komok [63]3 years ago
7 0

C) Encourages creativity
Phoenix [80]3 years ago
3 0

The correct answer is C.

In a laissez-faire market there is no goverment intervention. Economic decisions are reached by the free interactions of the economic agents (households, firms and public sector) in the markets. Prices and exchanged outcomes are determined by the equilibrium between the desires of producers and consumers.

The abovementioned freedom that economic agents enjoy in the markets, allows them to be <u>as creative as they want to pursue the market outcome that  they believe will be more benefitial to them. </u>Therefore, creativity is fostered in this system, if compared to systems where market outcomes are preestablished and agents can simply adapt themselves to them (for example, in a centrally planned economy).

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The Renaissance led to many improvements in trade. Advancements were made to ships, and tools such as the compass helped sailors navigate their way. People were constantly trying to find waterways to India and Asia, so many explorers set out to find open waterways. This led to the Age of Exploration.

3 0
4 years ago
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Answer:

TRUE

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because they did.

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what was the impact of the great society on legislation and how was it both like and not like the new deal?
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Commonly, two New Deals are distinguished. A first, particularly marked by the "One Hundred Days of Roosevelt" in 1933, which pointed to an improvement in the situation in the short term. You can find, then, bank reform laws, urgent social assistance programs, help programs for work, or even agricultural programs. The Government made important investments and allowed access to financial resources through the various government agencies. The economic results were moderate, but the situation improved. The "Second New Deal" was extended between 1935 and 1938, putting forward a new distribution of resources and power on a broader scale, with trade union protection laws, the Social Security Act, as well as aid programs for farmers. and street workers.

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Answer:

The good option here is: d.

Explanation:

8 0
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Read 2 more answers
• What types of jobs did slaves do in each colonial region: New England, Middle and the South?
Arada [10]
Slaves in the North did primarily work in stores and small craft centers. This was mostly true for the middle colonies as well. Slaves in the South worked in the fields. 
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3 years ago
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