The policy of minimum government interference in or regulation of economic activity, advocated by adam smith and the classical economists, was known as?

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12-09-2022
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The policy of minimum government interference in or regulation of economic activity, advocated by adam smith and the classical economists, was known as?

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rafikiedu02 rafikiedu02 · Answer 1 · 2022-09-14T15:46:25+02:00

'The policy of minimum government interference in or regulation of economic activity, advocated by adam smith and the classical economists, was known as Laissez-faire.

Government is the system of state or community government. The Colombian Encyclopedia defines government as "a system of social control in which the right to make laws and the right to enforce laws belong to specific groups in society."

A democratic government is formed when a majority of the population supports a particular political party as ruling party or power. Within democracy, there are different forms of democracy such as republic, constitutional monarchy, presidential system, and parliamentary system.

Government is defined as the exercise of control or power over a group of people. An example of a government is the UK Parliament. (uncountable) Management or control of a system. A system of governance, control, etc.

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