select the correct answer. which of the following ideas is associated with laissez - faire economics? a…

select the correct answer. which of the following ideas is associated with laissez - faire economics? a. command economy b. free market economy c. mixed market economy d. socialist economy e. traditional economy

select the correct answer. which of the following ideas is associated with laissez - faire economics? a. command economy b. free market economy c. mixed market economy d. socialist economy e. traditional economy

Answer

Brief Explanations:

Laissez - faire economics emphasizes minimal government intervention in the economy. A free - market economy is characterized by private ownership and minimal government control, which aligns with laissez - faire principles. A command economy has significant government control over production and distribution. A mixed - market economy has a combination of government and private sector influence. A socialist economy has government ownership of key industries. A traditional economy is based on customs and traditions.

Answer:

B. free market economy