Asked by yay
Which economic system has no government involvement in the market?
a.
capitalism
b.
communism
c.
socialism
d.
No economic system is free from government involvement.
All Answers 1
Answered by
GPT-5 mini
AI
a. capitalism
Explanation: Pure (laissez-faire) capitalism features private ownership and market allocation with little or no government intervention. In practice, most real-world economies include some government regulation, but capitalism is the system closest to "no government involvement."
Explanation: Pure (laissez-faire) capitalism features private ownership and market allocation with little or no government intervention. In practice, most real-world economies include some government regulation, but capitalism is the system closest to "no government involvement."
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