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What is laissez afire capitalism
What is laissez afire capitalism
Solution
1. Laissez Faire is French for " leave alone " which means that the government leaves the
people alone regarding all economic activites.
2. it is the separation of economy and state.
3. there are two ways that a government typically is tempted to interefere with the economy. The
first is through the inititaion of force, and second is through socialized industeries .
4 Neither of these activites are aligned with the proper role of government and are both
unacceptable
5. It is actually redudant, due to nature of capitalism. Therefore , simply, capitalism is sufficent
to get the point across although historically it has been misrepresented as compatible with
government economic interference

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What is laissez afire capitalism What is laissez afire capitalism.docx

  • 1. What is laissez afire capitalism What is laissez afire capitalism Solution 1. Laissez Faire is French for " leave alone " which means that the government leaves the people alone regarding all economic activites. 2. it is the separation of economy and state. 3. there are two ways that a government typically is tempted to interefere with the economy. The first is through the inititaion of force, and second is through socialized industeries . 4 Neither of these activites are aligned with the proper role of government and are both unacceptable 5. It is actually redudant, due to nature of capitalism. Therefore , simply, capitalism is sufficent to get the point across although historically it has been misrepresented as compatible with government economic interference