Classic Laissez-Faire Theory Is Based on All of the Following

question 61

Multiple Choice

Classic laissez-faire theory is based on all of the following EXCEPT that

• A) government monopolies depress economic growth.
• B) people's selfishness can promote the public good.
• C) a truly efficient government allows private enterprise to provide all government services.
• D) economic competition unleashes growth and innovation.
• E) government should stay out of the private sector except when providing a select number of public goods.

---

Definitions:

Attended

This term can refer to being present at an event or giving attention to a specific task or detail.

Physicians

Medical professionals who diagnose and treat illnesses, diseases, and injuries.

Midwife

A healthcare professional specialized in supporting women during pregnancy, childbirth, and the postpartum period.

United States

A country located primarily in North America, consisting of 50 states and known for its diverse geography and multicultural population.