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Mandarinka [93]
3 years ago
14

What is a laissez-faire government?

Social Studies
1 answer:
Dimas [21]3 years ago
3 0

<u>Answer:</u>

A laissez-faire government is the one that does not interfere with the economy.

<u>Explanation:</u>

  • The French term laissez-faire literally means ‘let do‘. This can be elaborated as the freedom granted by the government to the free market to let it do what it wishes to do.
  • In such type of government, the authorities choose not to interfere in the activities of the market so as to allow it to function without any kind of hindrance.
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