Question

Which of the following actions would be taken by a government that supports

Answer 1

Exactly that, no action. Laissez-faire is a concept that advocates for limited government involvement in and regulation of our economy. There are advantages and disadvantages to this philosophy. One advantage to this philosophy is that businesses face fewer government rules and regulations. This allows businesses the freedom to do many things. Disadvantages include that the system does not have the best interests of the public. Without regulations, corporations are free to cause environmental and health problems in the name of profit.