Asked by miguel velasquez on Sep 23, 2024
Verified
Which of the following statements best describes how Americans currently feel about
Laissez-faire capitalism?
A) Americans strongly support capitalism and economic liberty and reject all restrictions on economic freedom.
B) Americans strongly support capitalism and economic liberty but also endorse policies that are designed to guarantee economic equality among all citizens.
C) Americans strongly support capitalism and economic liberty but also endorse some restrictions on economic freedoms to protect the public.
D) Americans strongly oppose capitalism and economic liberty and endorse some restrictions on economic freedoms to protect the public.
Laissez-Faire Capitalism
Laissez-faire capitalism is an economic system where the government's intervention in business affairs is minimal, promoting a free-market environment where businesses operate with little to no regulation.
Economic Liberty
The freedom for individuals and businesses to operate and compete in a market with minimal government interference.
Economic Equality
A state within a society where individuals have equal access to wealth, opportunities, and resources, minimizing disparities.
- Ascertain the significance of political knowledge for democratic societies.
- Grasp the foundational aspects and documents of American political culture and their influences on current views.
Verified Answer
Learning Objectives
- Ascertain the significance of political knowledge for democratic societies.
- Grasp the foundational aspects and documents of American political culture and their influences on current views.
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