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why did entrepreneurs believe that laissez - faire economics would work…

Question

why did entrepreneurs believe that laissez - faire economics would work best for them?
○ they believed the french business model would be the most productive.
○ they wanted government regulation so that everyone would be playing by the same rules.
○ they felt they could be most competitive without government regulation.
○ they thought the involvement of the government would give investors a safety net.

Explanation:

Brief Explanations

Laissez - faire economics emphasizes minimal government intervention. Entrepreneurs believing they could be most competitive without government regulation aligns with this. The first option refers to a French model (not core to laissez - faire's self - driven competitiveness), the third wants government regulation (opposite of laissez - faire), and the fourth wants government as a safety net (also against laissez - faire's minimal intervention). So the correct reasoning is about being competitive without regulation.

Answer:

They felt they could be most competitive without government regulation.