Which phrase best illustrates the theory of
laissez-faire capitalism?
(1) businesses operating with little government
regulation
(2) the state establishing production quotas
(3) central planning committees setting prices on
goods
(4) decisions related to distribution being based
on community traditions

(1) business operating with little government regulation
laissez faire means hands off, meaning the government has no say in business
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It developed as a reaction to the impact of european colonialism in africa on peoples of african descent. in the  mid-20th century, activists in africa adopted pan-africanism as a rallying cry for independence from colonial rule. some african pan-africanists sought to unite the continent as one independenthope it was useful