Which of the following ideas is associated with laissez-faire economics?Select one of the options below as your answer: A. comma

Question

Bogdan [553]

3 years ago

8

Which of the following ideas is associated with laissez-faire economics?Select one of the options below as your answer: A. comma

nd economy B. free market economy C. mixed market economy D. socialist economy E. traditional economy

History

2 answers:

WINSTONCH [101] · Answer 1 · 2022-03-10T20:18:53+03:00

WINSTONCH [101]3 years ago

6 0

I believe the answer is B,Free Market Economy. "Laissez-Faire" roughly translates to "Let it be" and it was believed to be a good economic system at the time.

Oksana_A [137] · Answer 2 · 2022-03-10T22:21:57+03:00

<span>The answer is letter B. Laissez-faire is a policy where the system is allowed to take its on course. Free market trade is similar to laissez-faire because of it allows market to trade freely without government intervention. Laissez faire is also closely related to the idea of Capitalism</span>