Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Laissez-faire

Think about what you've learned about laissez-faire and rights. Then, complete each statement

Laissez-faire means that the government

with people's right to pursue happiness.

The idea of laissez-faire, or how much the government should do, is

DONE


Sagot :

Answer:

Laissez-faire means that the government does not interfere with people's right to pursue happiness.

The idea of laissez-faire, or how much the government should do, is debated heavily.

Explanation:

Laissez-faire is the main concept defended by economic liberalism and capitalism, mainly in the USA and other countries that adopt this type of concept. In a simple way, Laissez-faire can be defined as the separation of the State and the commerce of a region. This means, that in places where Laissez-faire is adopted, the State, ie the government, does not have the right to interfere in any type of commercial relationship and should only be responsible for guaranteeing property rights and consumer protection, otherwise, trade must regulate itself, within its own limits.

While many people see this policy as beneficial, preventing government from interfering with people's happiness, others believe that Laissez-faire is not beneficial and that government interference, or lack of it, should be discussed.