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9 October, 09:58

When economists use the term "laissez-faire," what economic idea are they referring to?

A. Government plays an important role in regulating the economy.

B. Individuals are inefficient at making sound economic decisions.

C. Government should not interfere with business practices.

D. Individuals cannot independently run large corporations.

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  1. 9 October, 11:47
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    When economists use the term "laissez-faire," they are referring to the economic idea that " C. Government should not interfere with business practices", since this implies a "hands off" approach to the economy.
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