Question

How can the ladder-faire doctrine be described? A) a free market B) a command economy in which the government distributes goods C) a free market with limited government regulation of business D) a socialist economy with little free enterprise

Answer 1

The ladder-faire doctrine be described as "a free market with limited government regulation of business" or option C. Doctrine that a government should not interfere with business and economic affairs is known as the ladder-faire doctrine therefore giving a free mark for businesses so the answer is option C!

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