3 1 point What event marked the major historical turning point in the relationship between the government and the marketplace? O the implementation of Reaganomics the Depression of 1896 O the Civil War O the Great Depression O World War II 4 1 point Who first argued in favor of a laissez-faire (hands-off) economic system? O John Locke Adam Smith Benjamin Franklin O Jean-Jacques Rousseau Thomas Hobbes 5 1 point Something that must be supplied by the government because it cannot be provided by the marketplace is called a public good pork a commodity the public option a governmental appropriation