Monday
November 24, 2014

Homework Help: Laissez-Faire(please no sites)

Posted by Anonymous on Wednesday, April 20, 2011 at 10:10am.

Could you please simplify these for me. I already looked up a bunch of sites, and they all have hard vocab in them which I just cant understand.

Describes an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.

There are two ways that a government typically is tempted to interfere with the economy. The first is through the initiation of force, and the second is through socialized industries. Neither of these activities are aligned with the proper role of government, and are both unacceptable.

(What is initiation of force? What are socialized industries?)

"Laissez Faire Capitalism" is actually redundant, due to the nature of Capitalism. Therefore, simply "Capitalism" is sufficient to get the point across although historically it has been misrepresented as compatible with government economic interference.

(I don't understand the whole passage above.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Grade 8 Vocab - I am having a vocab quiz soon and I need to know the meaning of ...
Socials - What is the economic policy called "laissez-faire" all about? The ...
Laissez-faire - Please simplify this for me. Cant understand this at all. ...
nutrition and wellness - i have to write a research paper on a topic concerning ...
Laissez Faire - I found the passage I posted about Laissez Faire on Wikipedia.
History - Hey, I have an essay question: Compare and contrast the views of ...
HUM - COuld you please help me re word this sentence- Social media sites have ...
Computer Club Ideas (please read) - Is there any sites for middle or high ...
Socials-Laissez-Faire - Can someone please have a moment to look at my other 2 ...
History - "Although the economic growth of the United States between 1860 and ...

Search
Members