Answered

How can the lassez-faire doctrine be described?

Aa free market with heavy government involvement and regulation

Ba command economy in which the government distributes goods

Ca free market with limited government regulation of business

Da socialist economy with little free enterprise

Verified Answer :

Tabbey

Answer: c) a free market with limited government regulation of business

Explanation:

Lassez-faire doctrine is a doctrine in an economy system in which government interference is limited or reduced to the minimum. The economic system in a lassez-faire economy is determined by the market forces. Thus, if businesses are allowed to function or operate on their own, compete with one another and so on, production and exchange will be better.

amniotecardamom

Answer:

c) a free market with limited government regulation of business

Explanation:

The economic doctrine of laizze faire is a maximal expression of economic liberalism, characterized by minimal government intervention in the economy. The laizze faire doctrine is opposed to the doctrines of nationalization of the economy, but also to the liberalism of the market economy, which promotes liberalism with government regulation, for example through regulatory agencies. For laizze faire thinkers, the government must act on time, just to ensure order and the right to private property.

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