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24 November, 16:35

An example of laissez-faire, is the government deciding what to produce and how to produce it.

a. True

b. False

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Answers (1)
  1. 24 November, 20:02
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    "laissez-faire" means "let do" as in "let them do [what they want]" - so an example of laissez-faire would be not deciding over other people, but letting them decide over themselves!

    so the statement is false.

    the government deciding what to produce and how to produce it is more characteristic of a command market.
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