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liraira [26]
3 years ago
10

What class of people were most attracted to the laissez-faire economic philosophy

Social Studies
1 answer:
Ludmilka [50]3 years ago
8 0

Answer:

The theory of laissez-faire was developed by the French Physiocrats during the 18th century. Later free market economists built on the ideas of laissez-faire as a path to economic prosperity, though detractors have criticized it for promoting inequality.

Explanation:

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Any mobile or intangible asset with a value that can be possessed by a person and isn't classified as real property. Personal property refers to consumer and non-capital products and services, whereas private property often refers to capital or the means of production. Stocks and bonds are examples of investment property that are categorized as capital assets.  The entire personal property portfolio also counts as a capital asset.

There are three distinct categories of personal property: tangible, intangible, and listed. Anything that can be held and has a clear worth is considered tangible personal property, whereas anything that cannot be touched or held has intangible personal property.

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