Laissez faire refers to ______ with no or little intervention by the government in economic activities. Which one of the following is the correct option to fill in the blank space ?

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Laissez faire refers to ______ with no or little intervention by the government in economic activities. Which one of the following is the correct option to fill in the blank space ?
(A) Centrally planned economies
(B) Controlled socialist economies
(C) Free market economies
(D) Mixed socialist economies.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Free market economies.

Topics: Business Economics

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