The unregulated laissez-faire economy of Marx's time does not exist today in a few European countries.
False. The idea of the unregulated laissez-faire economy, which is the belief that economic markets should operate without government intervention, was prevalent during Marx's time in the late 1800s. Today, very few European countries practice a completely unregulated laissez-faire economy. Most European countries have regulations that place them more toward the center of the economic spectrum, combining elements of capitalism and socialism. For example, countries like France, Germany, and Sweden have high degrees of regulation in their economies.
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