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Question
value: 1
what does the policy of laissez faire mean?
o a. more government involvement in the economy.
o b. less government involvement in the economy.
o c. the government has full authority to regulate the stock market.
o d. strengthens government regulations on trade
Laissez - Faire is an economic philosophy. It emphasizes minimal government interference in the economy. Options a, c, and d all imply more government action (more involvement, full authority to regulate, strengthen regulations), which is contrary to Laissez - Faire. Option b, "Less government involvement in the economy" aligns with the Laissez - Faire concept.
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B. Less government involvement in the economy.