Which of the Following Is a Distinguishing Feature of Laissez-Faire

question 136

Multiple Choice

Which of the following is a distinguishing feature of laissez-faire capitalism?

• A) public ownership of all capital
• B) central planning
• C) minimal government intervention
• D) a circular flow of goods, resources, and money

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Definitions:

Plato

An ancient Greek philosopher, a student of Socrates and teacher of Aristotle, whose writings are foundational in Western philosophy.

Philosophers

Thinkers who specialize in pondering the nature of the universe, existence, knowledge, values, reason, mind, and language.

Niccolò Machiavelli

An Italian Renaissance political philosopher and historian known for his work "The Prince," which discusses political power and strategy.

Political Factionalism

The division within a political group or organization, marked by dissent and conflict among factions.