Question

Will gave brainllest! Choose. What did the laissez-faire economic theory state? "

Answer 1

Answer:

A. if a buisness was left, it would act to benefit the nation

Explanation:

According to laissez-faire economic theory , The market will essentially determine which action is the best for the country economically if the government did not make any form intervention to it.

Supporters of  laissez-faire economic argued that this freedom will encouraged people to compete and produce as much wealth as possible . The country will benefit from this increase in wealth.

But during the implementation, this  viewed possessed a lot of problem.

For example, government interventions are the one that create draws to make sure that businesses competition run fairly without any intervention. Without it, businesses will most likely compete by utilizing dirty tricks to cut off their competitors.