What is the main characteristic of a laissez-faire economy?

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asked Dec 28, 2018 99.7k views

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Caleb Anthony · Answer 1 · 2019-01-01T20:41:38+0000

laissez-faire economy consists of the government not getting involved with the economic well-being of the nation. Monopolies dominate the nation, and workers often suffer because of lack of government regulation.

What is the main characteristic of a laissez-faire economy?

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