Give five points of difference betwen Welfare state and Laissez faire state.
Answers
Answer: Laissez faire state: Policy of minimum governmental interference in the economic affairs of individuals and society
An example of laissez faire are the economic policies held by capitalist countries. An example of laissez faire is when a homeowner is allowed to plant whatever they want to grow in their front yard without having to get permission from their city.
Welfare state: The welfare state is a form of government in which the state protects and promotes the economic and social well-being of the citizens
The modern welfare state includes democracy, welfare, and capitalism. The modern welfare state nations include Nordic Countries (Norway, Denmark, Iceland, Sweden, and Finland), Germany, France, and Netherlands. The developed welfare states are divided into three groups; Liberal, Social Democratic, and Conservatives.