An economic system in which transactions between private parties are free from government interference such as regulations, privileges, tariffs, and subsidies is known as Laissez-faire Laissez-faire, Capitalism Capitalism, Socialism Socialism, Communism Communism,

Laissez-faire

Explanation:

Laissez-faire has its root word from french which conveys the idea of letting something occur without interference.

Indeed, it is an economic system in which transactions between private parties are free from government interference such as regulations, privileges, tariffs, and subsidies.

In summary, the basic idea of the Laissez-faire economic system is that there should be a complete separation of government from the economic sector.

answer: andrew johnson

17th u.s. president

in what way were president abraham lincoln's and president andrew johnson's reconstruction plans similar? a)both reserved seats in the congress for former confederate war leaders. b)both granted voting rights to the newly freed slaves. d) both required southerners to support the thirteenth amendment to abolish

explanation: