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Which best explains how a mixed economy addressed problems that arose from capitalism? Laissez-faire principles remained, but government passed laws promoting worker safety. Government interference continued, and new laws allowed workers to own companies. Supply and demand remained, and government took control of the means of production. Government regulation was minimal, but new laws protected workers and their standard of living.

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Which best explains how a mixed economy addressed problems that arose from capitalism?
Laissez-faire principles remained, but government passed laws promoting worker safety.
Government interference continued, and new laws allowed workers to own companies.
Supply and demand remained, and government took control of the means of production.
Government regulation was minimal, but new laws protected workers and their standard of living.

Which best explains how a mixed economy addressed problems that arose from capitalism? Laissez-faire principles remained, but government passed laws promoting worker safety. Government interference continued, and new laws allowed workers to own companies. Supply and demand remained, and government took control of the means of production. Government regulation was minimal, but new laws protected workers and their standard of living.

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GabriellaProfessional · Tutor for 6 years

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<p> <br />Laissez-faire principles remained, but government passed laws promoting worker safety.</p>

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<p> The question is asking how a mixed economy addresses problems stemming from capitalism. In a mixed economy, both the private sector and the government play important roles. The available options describe different approaches to economic systems, and the best answer will align with the characteristics of a mixed economy.<br /><br />1. "Laissez-faire principles remained, but government passed laws promoting worker safety." - This option suggests a mix of free-market principles (laissez-faire) with some government intervention (laws promoting worker safety), which is characteristic of a mixed economy.<br /><br />2. "Government interference continued, and new laws allowed workers to own companies." - This option leans more towards socialism, where workers have ownership stakes in companies. It's not typically characteristic of a mixed economy where private ownership is still prevalent.<br /><br />3. "Supply and demand remained, and government took control of the means of production." - This option leans towards a command economy. In a mixed economy, the government does not typically take control of the means of production, but rather regulates certain aspects of the economy.<br /><br />4. "Government regulation was minimal, but new laws protected workers and their standard of living." - This option is similar to the first one, suggesting a mix of minimal government regulation with laws that protect workers, aligning with the principles of a mixed economy.<br /><br />The best explanation for how a mixed economy addresses problems arising from capitalism is by maintaining core capitalist principles (like laissez-faire and supply-demand dynamics) while introducing government regulations and laws that aim to address the shortcomings of pure capitalism, particularly in areas related to worker safety and standards of living.</p>
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