What does this mean for the baker

Reference no: EM133611688

Assignment:

The owner of a successful bakery lives in a country which supports a strict laissez-faire economic doctrine. What does this mean for the baker?

There are few government controls to interfere with the running of the bakery
The state receives the majority of the profits from the bakery
The baker expects a period of high unemployment and business failures to occur soon
The baker counts on the government to strictly oversee and regulate her industry

Reference no: EM133611688

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