Which statement best describes laissez-faire economics? A. An economy in which the means of production are privately owned and operated for profit B. An economy that's a mixture of a market and command economy C. An economy in which products are a direct result of the beliefs and customs of the population D. An economy in which governments avoid all possible interference in a free market
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The answer is c)
I hope it is correct
I hope it is correct
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laissez-faire is a term in economics usually referring to an economy which is completely free from government's interferences.
so, the answer should be ' option D'
hope it helps :)
so, the answer should be ' option D'
hope it helps :)
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