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A supporter of laissez-faire capitalism would believe that
taxes should be Increased on the wealthy
minimum wage must be Increased
the govemment should not regulate big business
the factors of production should be shared by the peasants
In 1776 Adam Smith wrote The Wealth of Nations where he argued that the government should talcl! its hands off the economy and permit a free market. This non-Interference concept is called laissez faire.
By: Gagandeep Singh ProfileResourcesReport error
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