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What is the difference between a government intervention and a laissez-faire policy?

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      government intervention involves authorities stepping in to regulate and guide economic activities, like a referee in a game. On the flip side, a laissez-faire policy is a hands-off approach, letting the economic game play out without much interference, akin to letting players navigate the field wit‫اقرأ المزيد

      government intervention involves authorities stepping in to regulate and guide economic activities, like a referee in a game.

      On the flip side, a laissez-faire policy is a hands-off approach, letting the economic game play out without much interference, akin to letting players navigate the field without strict rules from the sidelines.

      It’s like choosing between having a referee on the field or letting the players manage the game themselves.

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