1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tatiana [17]
2 years ago
11

What is a benefit of a laissez-faire market?

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

C) Encourages creativity
Phoenix [80]2 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).

You might be interested in
Which initial national youth league organization was founded in 1939 as a three-team league?
Elanso [62]
<span>Little League Baseball was founded in 1939 by Carl Stotz as a three-team league in Williamsport, Pennsylvania,It holds a congressional charter, and is a national youth league organization open to children between the ages of 4 to 16.It also operates in other countries.</span>
7 0
3 years ago
What was one of the Abbasid caliphate major achievements during it's golden age
ExtremeBDS [4]

Answer:

Advancement of science and mathematics

Explanation:

Security and prosperity reigned during the early years of the Abbasid rule. Many fields of physics, arithmetic, and medicine have made significant progress. All through the kingdom, universities and institutions of higher learning were established. Arabic architecture and art rose to greater heights, allowing the civilization to prosper.

8 0
2 years ago
How did the decline of Mughal India aid European traders in the region
Studentka2010 [4]
<span>The Mughal Empire granted trading rights to Europeans, so the Europeans had already build a large base for trading in the region. The Europeans were allowed to build forts and warehouses for their own protection, and as the Mughal empire weakened the British seized their chance to invade, the British and weakening Mughals fought for power. By the 1700's, The British East India Company controlled most of India forcing it inhabits to slave over them.</span>
4 0
2 years ago
How did the Treaty of Versallies contribute to WW2?
max2010maxim [7]

The treaty which ended World War I led to the start of World War II less than 20 years later this is because how harsh it treated Germany and how angry Germans were about this situation also they forced Germany to admit all guilt for the war and they require Germany to pay a large amount of money in reparations to the allies

5 0
3 years ago
Was the development of nuclear weapons necessary to compete during the Cold War?
Mamont248 [21]

Answer:

Known as the Cold War, this conflict began as a struggle for control over the conquered areas of Eastern Europe in the late 1940s and continued into the early 1990s. Initially, only the United States possessed atomic weapons, but in 1949 the Soviet Union exploded an atomic bomb and the arms race began.

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • How does Creon justify treating the brothers so differently after their deaths?
    15·1 answer
  • George Washington's proclamation of neutrality was...
    15·2 answers
  • What is the mayflower compact
    6·2 answers
  • Lewis and Clark’s journey was mostly upriver or downriver?
    6·1 answer
  • What was Jefferson Davis beliefs?
    12·1 answer
  • How did the Muslim culture expand so rapidly?
    5·2 answers
  • Andrew Jackson opposed the _____________ because he felt ordinary citizens had no control over it. a. U.S. Treasury c. militia b
    15·2 answers
  • In conclusion, the Inca were able to become the largest empire in the Western World because ______________.
    10·1 answer
  • It was in suburbs such as Garden Grove, Orange County [California] . . . that small groups of middle-class men and women met in
    9·1 answer
  • What larger era was the Europe dark ages a part of and the years of that larger era
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!