jaimy1617
contestada

.Which statement best represents the belief in laissez-faire?
F. Government should protect children by prohibiting the employment of anyone under the age of 16.
G. Monopolization over any one industry should be made illegal as it hurts other businesses’ ability to compete.
H. Railroads may not charge farmers higher rates for transporting crops over shorter distances than longer ones.
J. Government regulation in the steel business hurts the ability of industries to make a significant profit

Respuesta :

MrDonovan
The correct answer is letter J.

Laissez-faire refers to an economic philosophy that focuses on not having government interference in the economy. People who believe in this idea think that competition among business ( known as the invisible hand) will help to regulate businesses. As you can see, letter J is the only statement where the government involvement is not welcomed.

Otras preguntas