What Policy Is Based on the Assumption That Capitalism Can

question 62

Multiple Choice

What policy is based on the assumption that capitalism can work best without government intervention?

• A) the government intervention model
• B) capitalist reduction
• C) laissez-faire
• D) oligopoly

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Definitions:

Social Class

A group of people who have a similar standing or rank based on wealth, education, power, prestige, and other valued resources.

Valued Resources

Assets or commodities that are highly regarded and sought after in a society due to their usefulness or perceived worth.

Similar Standing

Refers to individuals or groups that share a comparable level of status, position, or condition within a society or specific context.

U.S. Census Bureau's

A federal agency responsible for collecting and analyzing data about the American people and economy, such as population demographics, economic indicators, and housing.