[Solved] With which form of economy is the term 'Laissez-faire' associated?

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Q.	With which form of economy is the term 'Laissez-faire' associated?
A.	Capitalist economy
B.	Socialist economy
C.	Mixed economy
D.	Command economy
Answer» A. Capitalist economy
Explanation: In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. The growth of industry in England in the early 19th century and American industrial growth in the late 19th century both occurred in a laissezfaire capitalist environment.

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