Laissez-faire Capitalism & the US Economy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What kind of economic control were the laissez-faire signers most against?

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1. What kind of laissez-faire behavior would a company owner probably like the LEAST?

2. Describe the current Laissez-faire state of the U.S. economy.

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About This Quiz & Worksheet

What are aspects of a laissez-faire system and how does the current U.S. system reflect this concept? The practice questions in this quiz and worksheet are designed to affirm your knowledge of these topics.

Quiz & Worksheet Goals

Quiz questions will focus on:

  • What those who supported laissez-faire were most against during the signing of the Declaration of Independence
  • The type of laissez-faire behavior company owners would like least
  • A description of this policy as it is reflected in the current U.S. economy
  • Those who benefit from laissez-faire domestic actions
  • A term describing the role of the government in a non laissez-faire system

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information regarding laissez-faire behaviors and impacts on business
  • Distinguishing differences - compare and contrast government roles in laissez-faire and non-laissez-faire systems
  • Information recall - access the knowledge you've gained regarding this form of capitalism in the current U.S. economy
  • Knowledge application - use your knowledge to answer questions about opposed economic controls associated with laissez-faire supporters

Additional Learning

More details about this topic can be found in the Laissez-faire Capitalism & the US Economy lesson. You can expect to learn more about:

  • The meaning of laissez-faire
  • Factors of laissez-faire supported and opposed during the Declaration of Independence signing
  • Limits imposed on this form of economics
  • Domestic and foreign aspects of laissez-faire on the modern U.S. economy
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