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Which economic theory emphasizes that the government should play a minimal role in economic affairs?
  • a)
    Keynesian economics
  • b)
    Monetarism
  • c)
    Supply-side economics
  • d)
    Laissez-faire economics
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which economic theory emphasizes that the government should play a min...
Laissez-faire economics advocates for minimal government intervention in the economy. It believes that markets are self-regulating and will naturally reach an optimal equilibrium without government interference.
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Which economic theory emphasizes that the government should play a minimal role in economic affairs?a)Keynesian economicsb)Monetarismc)Supply-side economicsd)Laissez-faire economicsCorrect answer is option 'D'. Can you explain this answer?
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