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AssignmentMultiple Choice

Wilson and the War

Question 1 • RMA FL-2100310-United States History Semester 1

Which statement best describes the laissez-faire economic policies of the 1920s?

Answer
A
There should be extensive government control of the economy.
B
Businesses should be required to contribute to regulations that govern their industries.
C
The government should set prices and wages to ensure that everyone is treated fairly.
D
Businesses should be left to operate on their own without government regulation.

Explanation

Laissez-faire means “let do” and describes an approach in which government involvement in the economy is limited. Under this policy, businesses are largely free to make their own decisions without government regulation, which matches “Businesses should be left to operate on their own without government regulation.”

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