Question

“Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by action of the cells of the economic body–the producers and consumers themselves.”
This quotation best reflects the views of
1. laissez-faire economists
2. turn-of-the-century progressives
3. Marxists
4. New Deal supporters

Answer 1

The quotation best reflects the views of :
1. Laissez-faire economist

Laissez-faire economist believed that in order to achieve prosperity the Government should have the least amount of regulation possible to the economy, and gave all the cards to the free-market to decide.