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Politics A-Level: Ideologies (DONEEEEE)
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Question:
Why would Classical Liberals support Laissez-faire Capitalism?
Author: eric_galvaoAnswer:
-Because the Support for a Limited State, they wouldn't want to see Interference in the Economy and Free Trade -Classical argues that Gov Intervention Harms the Freedom of Firms of making Profits and the Economy is in the Hands of Private Individuals. -Adam Smith argued the Market could and would Regulate itself via the Invisible Hand -Free Individuals can choose to Enter any Contract they like, or interact with any Market they want
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