Is the following statement correct? If it is not correct, fix the sentence so that it is correct.

A laissez-faire economic system is one in which government intervention is minimal and productive decisions are arrived at through the self-interested behavior of competing firms.

The statement is correct.

The statement is not correct. A laissez-faire economic system is one in which Othe government frequently intervenes and productive decisions are arrived at through the decisions of government officials.

The statement is not correct. A laissez-faire economic system is one in which O the government controls all aspects of the economy and there is no personal ownership of property or businesses.

The statement is not correct. A laissez-faire economic system is one in which O there is no government intervention and productive decisions are entirely arrived at through the self-interested behavior of competing firms.

(1 point)

The statement is not correct. A laissez-faire economic system is one in which there is minimal government intervention and productive decisions are arrived at through the self-interested behavior of competing firms.