Question & Answer

The theory that government should not interfere in economic affairs is known as

The theory that government should not interfere in economic affairs is known as A. laissez-faire

B. populism

C. supply-side economics

D. socialism

E. capitalism

1 Answer

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Quizzma TeamAugust 12, 2025

The correct answer is A. laissez-faire.

Laissez-faire is an economic theory that advocates for minimal government intervention in the economy. Proponents believe that free markets naturally regulate themselves through supply and demand, and that government interference can hinder economic growth and efficiency. If you have any more questions or need further clarification, feel free to ask!