which of the following actions would be taken by a government that supports laissez - faire capitalism?\na…

which of the following actions would be taken by a government that supports laissez - faire capitalism?\na. a national legislature approves plans for a government - controlled power plant that will provide cheap electricity for its poorest regions.\nb. a president supports a law that would protect steel manufacturers by limiting the amount of foreign steel the country could import.\nc. a governor approves a law removing taxes that had previously been applied to all goods shipped into her state from neighboring states.\nd. a state legislature approves a plan to prevent businesses from leaving the state by requiring them to pay large fines if they choose to move to another state.

which of the following actions would be taken by a government that supports laissez - faire capitalism?\na. a national legislature approves plans for a government - controlled power plant that will provide cheap electricity for its poorest regions.\nb. a president supports a law that would protect steel manufacturers by limiting the amount of foreign steel the country could import.\nc. a governor approves a law removing taxes that had previously been applied to all goods shipped into her state from neighboring states.\nd. a state legislature approves a plan to prevent businesses from leaving the state by requiring them to pay large fines if they choose to move to another state.

Answer

Brief Explanations:

Laissez - faire capitalism emphasizes minimal government intervention in the economy. Removing taxes (as in option C) is an example of reducing government interference. In option A, a government - controlled power plant shows government intervention. Option B with limiting foreign steel import (protectionism) is government intervention. Option D with fining businesses for leaving is also government intervention.

Answer:

C. A governor approves a law removing taxes that had previously been applied to all goods shipped into her state from neighboring states.