Economic System of Laissez-Faire has different characteristics, as respect for private property, freedom to do business, free market, government limitations of taking part or decisions in economy.
Laissez-Faire is an french expression that means ''let do, let pass'', referring in this case that the government shouldn't take part of most decision and let the private sector to do their job.
The government role in this economy is to ensure that private sector is not taken advantage one over another, establishing the game rules.
Answer:Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. The only role of government in a laissez-faire economy is to prevent any coercion against individuals. Theft, fraud, and monopolies prevent rational market forces from operating.
They usually built transportation systems for their own use in the African colonies, to help transport Gold & other natural resources, and to bring men from one place to another.
The properties of compounds are different from the properties of the elements that form them. Also because elements in a compound combine and become an entirely different substance with its own unique properties.