Practice mode Miscellaneous Economics

What does “laissez-faire” mean?

Correct answer B. Is the French expression Adam Smith used to mean that government should keep its hands off the economy

Explanation

Laissez-faire, French for “let do”, describes the classical view, associated with Adam Smith, that government should not interfere with the workings of the market.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.