| Under the system of Laisez faire: |
| 1. All economic decisions are left to market. |
| 2. The government has negligible role. |
| Choose the correct one: |
A) Only 1
B) Only 2
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: C
Solution :
[c] The driving idea behind laissez-faire as a theory was that the less the government is involved in free market capitalism, the better off business will be, and then by extension society as a whole.
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