Question

what is laissez - faire economics?
○ the belief in limited competition
○ the idea that business operates best without regulation
○ the interest in government support of business
○ the philosophy of government control and regulation

Explanation:

Laissez - faire economics is an economic philosophy. It emphasizes minimal government intervention in the economy. The core idea is that businesses can operate most efficiently and effectively without excessive regulation. Limited competition (first option) is contrary to the laissez - faire spirit which often promotes competition. Government support (third option) and government control (fourth option) also go against the principle of minimal government involvement.

Answer:

the idea that business operates best without regulation