What issue in a political party’s platform would someone who believes strongly in laissez-faire capitalism MOST LIKELY support?

Question

Ymorist [56]

3 years ago

11

What issue in a political party’s platform would someone who believes strongly in laissez-faire capitalism MOST LIKELY support?

A) imparting tariffs B) supporting unions C) conducting free trade D) providing a universal basic income

History

1 answer:

ladessa [460] · Answer 1 · 2022-07-16T21:45:33+03:00

Answer:

C) conducting free trade

Explanation:

The other options are contrary to Laissez-faire capitalism. Tariffs penalize trade and protect certain industries. Laissez-faire capitalists think Unions constitute an obstacle to the direct negotiation of wages between employers and employees. A basic income would come from taxation, and it will undermine the employers' ability to negotiate wages as employees would no be in the immediate need to take any job available.