A Capitalist Economy follows the policy of:-
  • a)
    Laissez faire
  • b)
    Regulated markets
  • c)
    Promoting public sector 
  • d)
    None of the above.
Correct answer is 'A'. Can you explain this answer?

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Answers

Chandna Arora
Jun 06, 2018
Laissez-faire capitalism is an offshoot of capitalism where the economy operates under a total absence of rules. Here, the government leaves the people alone regarding all economic activities, with a complete separation of economy and state.

It has been asserted that The Great Depression resulted from a laissez-faire capitalist society. In the time leading up to The Great Depression, massive amounts of money, value, energy, wealth, capital, and power rested in the hands of a very small number of individuals, causing the United States' money velocity to grow at a slower rate.

Pinky Maurya
May 26, 2018
Laissez faire means free economy and free economy is nothing but the capitalist economy.

Saloni Sinha
Jul 10, 2018
In capitalist economy government is not supposed to interfere in the management of economic affairs under this system so it is also called free market economy or laissez-faire economy.

Laissez-faire capitalism is an offshoot of capitalism where the economy operates under a total absence of rules. Here, the government leaves the people alone regarding all economic activities, with a complete separation of economy and state.It has been asserted that The Great Depression resulted from a laissez-faire capitalist society. In the time leading up to The Great Depression, massive amounts of money, value, energy, wealth, capital, and power rested in the hands of a very small number of individuals, causing the United States' money velocity to grow at a slower rate.
Laissez-faire capitalism is an offshoot of capitalism where the economy operates under a total absence of rules. Here, the government leaves the people alone regarding all economic activities, with a complete separation of economy and state.It has been asserted that The Great Depression resulted from a laissez-faire capitalist society. In the time leading up to The Great Depression, massive amounts of money, value, energy, wealth, capital, and power rested in the hands of a very small number of individuals, causing the United States' money velocity to grow at a slower rate.