What does a hisses faire approach mean when referring to government or economic activity? additionally which ideology supported or asserted this laissez false approach?
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Laissez faire refers to zero interference by the government in the economic production of a nation.
A capitalist economy supports this ideology. Although, it's not completely implemented in any nation as the Government steps in to stabilize the economy.
A capitalist economy supports this ideology. Although, it's not completely implemented in any nation as the Government steps in to stabilize the economy.
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