Respuesta :
The people in favor of laissez-faire economics believe about the economy being the strongest when all the government does is protect individuals' rights.
What is a laissez-faire economy and how it effects the economy?
- Laissez-faire is a scheme of minimum government interference in the economic affairs of individuals.
- Market decisions are best made by workers, consumers and on an individual level without any interference.
- A laissez-faire economy gives businesses more space and autonomy as compared to government rules and regulations, it helps in making business activities harder and more difficult to proceed.
- Such an environment makes it easier for companies to take risks and invest in the economy.
- It is basically free from any intervention of the economy.
- It helps the people to run along the company the way they want instead of running it as by government rules.
- It shows that the economy is stronger than all what the government does and focuses on protecting individuals' rights.
- These are the points in favor of laissez-faire economics.
To know more about laissez-faire economics visit:
https://brainly.com/question/16551227
#SPJ4
