Which of the Following Is True of the Laissez Faire

question 13

Multiple Choice

Which of the following is true of the laissez faire economic theories?

• A)People in business were unable to limit or shift many of their economic risks by placing clauses in their contracts.
• B)The courts were unwilling to interfere with people's private agreements or to do anything that might interfere with the country's growing industrialization.
• C)These theories were never considered a part of the public policy in the 19^th century.
• D)People in business had to face a lot of restrictions while planning the kind of economy that increasing industrialization required.

---

Definitions:

Hidden Curriculum

The unspoken or implicit values, behaviors, and norms that are learned through the educational system, beyond the formal curriculum.

Expressions of Behavior

The observable actions or responses of individuals or groups, which can reflect feelings, attitudes, or societal norms.

Agents of Socialization

People, groups, and institutions that shape an individual's social development and norms through processes such as education, family interactions, and media consumption.

Foundation

An entity, often a nonprofit organization, that provides funding and support for charitable activities or research in specific areas of interest.