Laissez-faire
laissez-faire
A government with a hands off or laissez-faire approach doesn't interfere with the economy and generally stays out of the citizens lives.
Laissez-Faire
laizzez faire
A laissez faire economy has minimal intervention thus making it fall into all of the many many natural laws of economics existing
Smith believed that the standard of living could be attained but only through a minimum of regulation & control by governments.
Smith believed that the standard of living could be attained but only through a minimum of regulation & control by governments.
Adam Smith
Adam Smith
Adam Smith
He was a strong supporter of laissez faire economics
Adam Smith
It was his philosophy.
Adam Smith.
Laissez-faire
laissez-faire economics