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Oliga [24]
3 years ago
9

Which economic policy argues that government should limit, as much as possible,any interference in the economy?

History
1 answer:
Andre45 [30]3 years ago
6 0
French for 'leave alone', laissez-faire<span> is an economic theory that became popular in the 18th century. The driving idea behind </span>laissez-faire<span> as a theory was that the less the government is involved in free market capitalism, the better off business will be, and then by extension society as a whole.</span>
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3 years ago
describe effect of loose money and tight money policies on the actions listed below. 1. Borrowing 2. Consumer Buying 3. Business
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B. A tight<span> money policy is a course of action to restrict spending in an economy that is growing too quickly or to hold back inflation when it is rising too fast. This can lead to recession when uncontrolled. The effects are:</span>

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4. Unemployment rate increases due to businesses slowing down

5. Production decreases

<span> </span>

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3 years ago
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