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Which of the following best defines laissez-faire?

A. To force and overpower
B. To leave alone and let be
C. To conceal and hide
D. To present and show

Sagot :

Final answer:

Laissez-faire is a political system that advocates minimal government interference in economic affairs, promoting free-market capitalism.


Explanation:

Laissez-faire is a French term that translates to 'let it be' and refers to a political system that enacts few restrictions on businesses and maintains low taxes on private property.

It is a policy of governmental non-interference in economic or competitive affairs, pertaining to free-market capitalism. This approach allows businesses to operate without significant government intervention.


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