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:

Mystification

The process of making something unclear or mysterious, often obscuring the truth or complexity of a situation.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

Public Information

Information that is available to the public, often provided or released by the government or other organizations.

Technology

The practical application of scientific principles.