According to laissez-faire economists, what is the benefit of a free market?
a.
under a...
According to laissez-faire economists, what is the benefit of a free market?
a.
under a free market, the population would continue to boom, creating rapid economic growth.
b.
a free market would encourage government economic policies to try to reduce poverty.
c.
as production increased, the supply of goods would also increase and prices would drop so more people could afford goods.
d.
in a free market, capitalists would reinvest in new businesses, which would create new jobs and raise the price of goods.
Answers: 3
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