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People advocated for laissez-faire economics in the U.S. because they believed it promoted individual freedom, innovation, and economic growth by minimizing government intervention in the market. Proponents argued that allowing businesses to operate without excessive regulation would lead to increased competition, lower prices, and more choices for consumers. Additionally, many felt that government interference often led to inefficiencies and corruption. This philosophy was particularly appealing during the Industrial Revolution, as it aligned with the emerging capitalist ideals of self-reliance and entrepreneurship.
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What would a laissezfaire policy regarding drugs involve?
no government regulation
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
In principle who has ultimate control over US economy?
Since we live in a free market, the people have the final decision what products they want to buy and don't want to buy.
What was the best example of a laissezfaire economic policy that helps businesses make profits?
limiting regulations on the steel industry-novanet
What is supply and demand on a 5th grade level?
Supply and demand are two important ideas that help us understand how prices work. Supply is how much of something is available for people to buy, while demand is how much people want to buy it. When many people want something and there's not enough of it, the price goes up. But when there’s a lot of something and not many people want it, the price goes down.
What did laissezfaire supporters believe about the role of government in economic affairs?
Entrepreneurs
What would a laissezfaire policy regarding drugs involve?
no government regulation
Why does the US want Hawaii's land and people?
the u.s does not want people it is a lie
Why would persecute people want to come to the US?
they want to come to the us because they want to start a new life
Why would persecuted people want to come to the US?
they want to come to the us because they want to start a new life
What do lions want people to do to them?
They simply want us to leave them alone.
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
Did the US allow the Jewish people to be in the Us?
Yes, the problem was that the US did not want any more.
Why do people always want to laugh?
People want to laugh because it fells good and makes us happy
What is the relationship between US and Yemen?
Yemen people ea assed! and us people eat whatever they want!
Why was there slavery in the US of America?
Because people did not want to do stuff ,they hired people to do it for them.
How many people in the US want to get rid of bullying?
Everyone
