Question

When economists use the term "laissez-faire," what economic idea are they referring to?

A. Government plays an important role in regulating the economy.

B. Individuals are inefficient at making sound economic decisions.

C. Government should not interfere with business practices.

D. Individuals cannot independently run large corporations.

Answer 1

laissez-faire:
abstention by governments from interfering in the workings of the free market.

abstention:
an instance of declining to vote for or against a proposal or motion.

Answer 2

So with that vocabulary you can know they are talking about the government's position in this, so it wouldn't be D or B and you also know that the government is being declined something.

Answer 3

So the answer that is declining the government of something would be...