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28 September, 08:45

What is the role of government in a laissez-faire economic system

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  1. 28 September, 10:45
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    The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be - and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.
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