Which economic idea promoted the belief that the government should have little involvement in business affairs? (1 point)

Question

Responses

The theory of mercantilism.
The theory of mercantilism.

The theory of laissez-faire economics.
The theory of laissez-faire economics.

The principle of progressivism.
The principle of progressivism.

The concept of socialism.

Answer 1

The economic idea that promoted the belief that the government should have little involvement in business affairs is:

The theory of laissez-faire economics.