A Laissez-Faire Economy

question 51

Multiple Choice

 A laissez-faire economy 

• A) is restrictive but fair. 
• B) is supported by the general public. 
• C) is freely competitive. 
• D) is based on rapid industrialization. 
• E) mixes industry and agriculture.

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Definitions:

No-Par Share

Stock issued without a specified face value, where the board of directors determines its value.