Select the theory of economics which states that government should not play a role in business and supports the laissez-faire principle of "free to do."
a. communism
b. capitalism
c. mercantilism
d. socialism
The theory of economics which states that the government should not play a role in business and supports the Laissez-faire principle of "free to do" is capitalism. By definition, capitalism is an economic system where the country's trade and industry are being manned and owned by private individuals.
