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katrin2010 [14]
3 years ago
15

What are two components of laissez-faire economics?

History
1 answer:
antoniya [11.8K]3 years ago
7 0

Answer:

The economic system of laissez faire has several elements: 1) respect for private property; 2) freedom to start and own a business; 3) free markets in trade (that is, no government price controls or excessive intervention)

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