The laissez-faire theory of the 19th century should be understood as ______.
A: government control of economy
B: monopoly of economy by big business
C: cut-throat competition and survival of the fittest
D: government giving the business people a free hand in managing economy
A: government control of economy
B: monopoly of economy by big business
C: cut-throat competition and survival of the fittest
D: government giving the business people a free hand in managing economy
举一反三
- What is the invisible hand in the market economy? A: government policies B: supply and demand C: business cost D: efficiency and innovation
- The objective of the government in a command economy is to encourage free and fair competition between private producers. (( ) A: 对 B: 错
- There is a situation in the market economy: the government does not<br/>intervene in the economy at all, this kind of economy is called ( ) A: Weak economy. B: Completely free market economy. C: The government does not intervene in the economy. D: Mixed economy.
- Since the U.S. economy is based on free enterprise, there is little government involvement in the economy.
- The invisible hand works to promote general well-being in the economy primarily through A: government intervention. B: the political process. C: people’s pursuit of self-interest. D: altruism.