Define the term laissez-faire. What is the role of the government in a laissez-faire economy?

Answers

Answer 1

Answer:

:), im not sure if this is 100% what is needed but Here :))

Explanation:

The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be—and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism

Answer 2

Answer:

the doctrine that government should not interfere in commercial affairs beyond what is necessary to keep the peace and protect property rights

Explanation:

so basically the government wants nothing to do with they way businesses run or how they treat their employees unless there are extremes such as riots.


Related Questions

PLS ANSWER FAST ITS A TEST

If the scale is 1 inch equals 80 miles, how many inches on a map would 640 miles be

Answers

i think it would be 8inches

the answer is 8 inches ❤✨

Arrange these events from the history of cartography in the order in which they occurred. Captain cook maps Newfoundland, The travels of Marco Polo, Columbus reaches the Western Hemisphere, first photos of the earth from space

Answers

1. The travels of Marco polo. (1271-1295)

2. Columbus reaches the western hemisphere. (1492)

3. Captain Cook maps Newfoundland. (1765-66)

4. First photos of the earth from space(1946)

The correct sequence is given below.

1. The travels of Marco polo. (1271-1295)

2. Columbus reaches the western hemisphere. (1492)

3. Captain Cook maps Newfoundland. (1765-66)

4. First photos of the earth from space(1946)

The history of cartography

The history of cartography traces the development of cartography, or mapmaking technology, in human history. Maps have been one of the most important human inventions for millennia, allowing humans to explain and navigate their way through the world.

Who invented cartography?

Ancient Greeks created the earliest paper maps that were used for navigation, and to depict certain areas of the Earth. Anaximander was the first of the ancient Greeks to draw a map of the known world, and, as such, he is considered to be one of the first cartographers.

Learn more about the history of cartography here https://brainly.com/question/5000513

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Analyze the table below and answer the question that follows:

Which of the countries in the table above had the most developed economy in 2009? Explain your answer.

Answers

Answer:

Italy

Explanation: Since Italy's Total GDP is $2,118 and all the other countries are lower that shows that they are most developed. Also if you look at the GDP per Capita it is greater than the other countries. This means that Italy has the highest GDP and GDP per capita. Because of these two things Italy is the most developed.

Answer:

Italy and Spain are the countries with the most developed economies in 2009.

Explanation:

Spain is one of the countries that has among the most developed economies, and this can be seen in the high GDP and high GDP per capita.

Brazil doesn't have a highly developed economy, despite the high GDP which is almost on the same level as Spain, the GDP per capita is much lower, and that is due to the much larger population it has.

Pakistan doesn't have a highly developed economy because its GDP is not very high, while the GDP per capita is very low.

Algeria doesn't have a highly developed economy because its GDP is not very high, while its GDP per capita is low.

Italy is a country that has a highly developed economy and this can be seen in the fact that both its GDP and GDP per capita are high.

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