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Some of the outcomes of laissez-faire Economics were:
- Businesses pay workers low
- Pollution of air and water
- Poverty traps that cannot be escaped through free choice
- General glut that results from overproduction or underconsumption
- Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
- Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions
- External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market
- Public goods that are not supplied by the market due to free-rider problems
Gabe Kshlerin
Erin Hand
Some of the outcomes of laissez-faire Economics were:
- Businesses pay workers low
- Pollution of air and water
- Poverty traps that cannot be escaped through free choice
- General glut that results from overproduction or underconsumption
- Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
- Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions
- External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market
- Public goods that are not supplied by the market due to free-rider problems
Wiki User
∙ 9y agoSome of the outcomes of laissez-faire economics were:
- Businesses pay workers low
- Pollution of air and water
- Poverty traps that cannot be escaped through free choice
- General glut that results from overproduction or underconsumption
- Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
- Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions
- External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market
- Public goods that are not supplied by the market due to free-rider problems
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What was an outcome of laissez-faire economic policies?
Pollution of air and water
What was one outcome of the laissez-faire economic policies?
Businesses paid workers very little.
What was an outcome of the laissez-faire economic policies?
Laissez-faire economic policies helped fuel the industrial revolution. Later these policies were changed for social reasons. Most of today's prosperous nations have a free market economy with government supervision.
What was one outcome of laissez-faire policies?
Some of the outcomes of laissez-faire economics were: Businesses pay workers low Pollution of air and water Poverty traps that cannot be escaped through free
What is one outcome of laissez faire economic policies?
Probably the most noticed outcome with laissez-faire economics is a huge wealth disparity between capitalists and industrialists vs. the workers at their factories. Without government regulations to protect workers' wages, workdays, and working conditions, companies in a laissez-faire system become hell on Earth for their employees.
When the govermetn has laissez-faire econimic policies. what are they doing about business?
Nothing, they are leaving the markets to sort themselves out.
What was an outcome of laissez-faire economic policies?
Pollution of air and water
What was one outcome of the laissez-faire economic policies?
Businesses paid workers very little.
What was the outcome of laissez-faire economic policies?
Laissez-faire economic policies helped fuel the industrial revolution. Later these policies were changed for social reasons. Most of today's prosperous nations have a free market economy with government supervision.
What was an outcome of the laissez-faire economic policies?
Laissez-faire economic policies helped fuel the industrial revolution. Later these policies were changed for social reasons. Most of today's prosperous nations have a free market economy with government supervision.
What was one outcome of laissez-faire policies?
Some of the outcomes of laissez-faire economics were: Businesses pay workers low Pollution of air and water Poverty traps that cannot be escaped through free
What was one of the outcome of laissez-faire economic policies?
Businesses paid workers very little.
What is one outcome of laissez faire economic policies?
Probably the most noticed outcome with laissez-faire economics is a huge wealth disparity between capitalists and industrialists vs. the workers at their factories. Without government regulations to protect workers' wages, workdays, and working conditions, companies in a laissez-faire system become hell on Earth for their employees.
What are capatalists in favor of?
Laissez faire policies.
What was the result of the laissez-faire economic policies are by the federal government between the Civil War and 1990?
Laissez-faire economic policies Civil War and 1900 results was
What term BEST describes the U.S. government's policies towards businesses in the late 19th century?
laissez-faire
What is a sentence for the term laissez-faire?
The government's policy concerning religion has a laissez faire quality.His laissez-faire attitude shows how little he cares about life.The laissez faire policies of Coolidge and the Republicans are often blamed for the Great Depression.The mayor seemed to take a laissez faire attitude toward the casinos in his town.
