Which of the Following Is Not a Feature of Laissez-Faire

question 161

Multiple Choice

Which of the following is not a feature of laissez-faire capitalism?

• A) Competition
• B) Guaranteed income
• C) Private ownership of wealth
• D) Economic freedom
• E) Limited role of government

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Definitions:

Slot Machine

A gambling device that generates random combinations of symbols on a dial, offering prizes to players based on the alignment of these symbols.

Casino's Profit

Describes the net revenue that a casino generates from its gaming and non-gaming operations, after accounting for all operational expenses.

Pays Out

Refers to the act of distributing or disbursing money, such as dividends to shareholders or winnings to gamblers.

Standard Deviation

A statistic that measures the dispersion or variation of a set of values relative to the mean.