In Political Economy, the Term Laissez-Faire Means That the Federal

question 46

Multiple Choice

In political economy, the term laissez-faire means that the federal government's involvement in the economy

• A) traditionally was not limited at all, but due to the process of privatization has become more limited.
• B) involves the establishment of a national plan identifying desirable priorities for economic and social development.
• C) is limited to macroeconomic policy-making.
• D) is limited to regulating interstate commerce and commerce with foreign nations.
• E) is significant due to its policy of nationalization, whereby the state assumes ownership and operation of private companies.

---

Definitions:

Vegetated Zone

Areas covered with plants including grasses, trees, and shrubs, often key in preventing erosion and providing habitat.

Adsorption

The process by which atoms, ions, or molecules from a substance (it could be a gas, liquid, or dissolved solid) adhere to a surface of another substance.

Corrosion

The process of degradation of materials, especially metals, due to chemical reactions with their environment, leading to weakening and damage.

Fractures

Breaks, cracks, or splits in bones or geological formations, often resulting from stress or impact.