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3 August, 08:03

which of these characteristics one predicts result of a laissez-faire system? A. Better workplace conditions for workers B. More government involvement in business c. Producer competition for resources d. Unlimited supply of consumer products

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  1. 3 August, 09:48
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    Answer: A. A better workplace condition for workers.

    Explanation: The laissez Faire system could be regarded as a major part of the free market capitalism. The laissez Faire system negates the intervention of the government in business dealings between private individuals or entities. Government interventions may include business regulations and policy, tariffs and so on. However, issues relating to substantial inequality in wealth distribution and bad treatment of workers in terms of welfare and safety which resulted in government becoming more involved with the introduction of law and regulation for production including policies which protected workers and their welfare.
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