Question

Which of the following is the best example of a laissez-faire government policy?

Refusing to set a minimum wage for workers
Requiring certain safety equipment in a factory
O Implementing child labor laws and standards
O Providing loans to failing businesses

Answer 1

The best example of a laissez-faire government policy is refusing to set a minimum wage for workers.

Step-by-step explanation:

The best example of a laissez-faire government policy is refusing to set a minimum wage for workers. Laissez-faire refers to a policy of minimal governmental interference in economic affairs. By not setting a minimum wage, the government allows the market forces of supply and demand to determine the wages workers are paid.

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