Question

What was the government policy to

reduce regulation and not interfere in
business and industry called?
A. monetary policy
B. cronyism
C. laissez faire

Answer 1

The government policy to reduce regulation and not interfere in business and industry is called laissez faire.

Step-by-step explanation:

The government policy to reduce regulation and not interfere in business and industry is called laissez faire. Laissez faire is an economic philosophy that advocates for minimal government intervention in the economy and the belief that the free market will regulate itself. This policy allows businesses to operate with little government oversight, promoting competition and innovation.

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