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Why did many business owners want very little interference from the government?
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What is laissez-faire policy?
the economic policy of letting owners of industy and business set working condition without interference
What was the economic policy of letting owners of industry and business set working conditions without interference is known as?
Laissez faire
How can the federal government use fiscal policy to combat unemployment?
The government can cut taxes. This would put more money into the hands of theAmerican citizens, which would get the economy moving a little more and allow business owners to hire on more employees.
Which of these favored a laissez policy because it allowed them to do as they please?
Generally, business owners were in favor of laissez-faire systems because the business owners would be free of any and all regulations.
What did supporters of laisse-faire favor?
Laissez-faire advocates oppose any government intervention or regulation of economic transactions or behavior
What is a economic market system?
An economy that allows business owners to complete in the market with little government interference.
What is the policy that let owners of industry set working conditions without government interference?
Laissez Faire, the government policy of letting business and commerce take care of and correct itself.
What was the relationship between business owners workers and the government?
The government is on the side of the owners, the capitalist class.
What economic theory did the owners of railroads factories and mines support during the Industrial Revolution?
Laissez-faire (LEH*SAY*FAHR). A policy allowing business to operate without government interference.
What was most often the role of the government in disputes between workers and business owners?
It supported business owners. -apex
What was the most often the role of government in disputes between workers and business owners?
It supported business owners. -apex
Where does one go to start a small business grant?
The Ontario government has several incentives for small business owners especially new business owners. Start by searching the government's website and follow links for small business owners. You can also call them to get more information.
Is the government responsible for outsourcing jobs?
No, the government is not responsible; it's the business owners who are.
What is laissez-faire policy?
the economic policy of letting owners of industy and business set working condition without interference
What was the economic policy of letting owners of industry and business set working conditions without interference is known as?
Laissez faire
Which is true about strikes?
Strikes were often broken by business owners and the government.
What government assistance programs are available for small business owners?
The Small Business Administration (SBA) offers many loans and financing programs that are available to small business owners to help out their companies.
