Question

Which statement best summarizes laissez-faire capitalism’s view of the government?(1 point)

The government should only be involved in the economy to protect private property.

The government should be replaced by communal labor practices.

The government should enact policies to protect domestic industries from competition.

The government should guarantee fair wages and safe working conditions.

Answer 1

The government should only be involved in the economy to protect private property.

Laissez-faire capitalism advocates minimal state intervention—limited to protecting property, enforcing contracts, and preserving order—so markets can operate freely.