Laissez-faire situations are characterized by a high degree of government involvement (t or f.

Physics · High School · Tue Nov 03 2020

Answered on

False.

Laissez-faire situations are characterized by a low degree of government involvement. The term "laissez-faire" is of French origin and translates to "let do" or "leave alone." In economic and political contexts, it implies minimal government interference in economic activities. In a laissez-faire system, the belief is that markets can regulate themselves without significant government intervention.