Which of the Following Terms Describes an Economic System with Minimal

question 8

Multiple Choice

Which of the following terms describes an economic system with minimal government regulation or intervention?

• A)laissez-faire capitalism
• B)capitalism
• C)socialism
• D)communism

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Definitions:

Monitoring Solution

A system or software implemented to oversee and analyze the performance, health, or behavior of networks, applications, or environments to ensure optimal operation.

Board Certified

A formal recognition that professionals, such as doctors or lawyers, have met specific qualifications and standards set by a board in their field.

Risks

The possibility of experiencing losses or other adverse outcomes as a result of uncertainties or unexpected events.

Borrowers' Money

Funds that individuals or entities borrow from lenders, which they are obligated to repay, often with interest, over time.