QUESTION IMAGE
Question
in a laissez-faire economy, the government plays a
limited role.
indefinite role.
dominant role.
dependent role.
Brief Explanations
In a laissez - faire economy, the core principle is minimal government intervention. This economic philosophy emphasizes that the market should operate freely with little to no government interference. So, the government's role is restricted to basic functions like protecting property rights and maintaining law and order, rather than actively controlling economic activities such as production, distribution, or pricing.
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limited role.