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In Social Studies / College | 2025-07-03

Milton Friedman led a new economic school of thought called
A. laissez faire.
B. monetarism.
C. price signaling.
D. the invisible hand.

Asked by kathyk52

Answer (1)

Milton Friedman was a key proponent of monetarism, emphasizing the importance of money supply and free-market principles. His theories advocate minimal government intervention in the economy, reflecting ideas associated with laissez-faire economics and price signaling. Additionally, he aligns with the concept of the invisible hand, highlighting how individual actions can lead to societal benefits. ;

Answered by GinnyAnswer | 2025-07-04

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