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padilas [110]
3 years ago
8

Adam Smith believed the government’s role in laissez-faire capitalism was

History
1 answer:
True [87]3 years ago
6 0

The correct answer is:

To leave the economy alone

Laissez-faire, is a French phrase that means "let (it/them) do" or "let go". It is an economic system in which  regulation, privileges, tariffs and subsidies between  private parties are free from government intervention. The idea came from the economist and philosopher Adam Smith,  he stated that the economy's equilibrium will be obtained when the government minimizes intervention. Thus he believed the government’s role in laissez-faire capitalism was to leave the economy alone.

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