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Franklin D. Roosevelt's actions during the Great Depression were inconsistent with laissez-faire capitalism because he implemented significant government intervention in the economy. His New Deal programs aimed to provide relief, recovery, and reform through various public works projects, financial regulations, and social safety nets. These measures were designed to stimulate economic growth and reduce unemployment, which contradicted the laissez-faire principle of minimal government interference in the market. By actively shaping economic policy and regulating industries, FDR sought to address the failures of the free market system during a time of crisis.
What else can I help you with?
What is let-it-be capitalism also called?
The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.
What was a consequence of laissez-faire capitalism?
corrupt government
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
Laissez faire is the economic doctrine developed from the communist manifesto?
Laissez faire was not developed from the Communist Manifesto, There was no Laissez Faire when the manifesto was around.
What is let-it-be capitalism also called?
The term more often used for such a form of capitalism is LAISSEZ-FAIRE ECONOMICS.
What was a consequence of laissez-faire capitalism?
corrupt government
What was a consequence of laissez -faire capitalism?
corrupt governement
What was a consequence laissez faire capitalism?
corrupt government
Which economic system does laissez faire favor?
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
What economic system has the least government control?
The Free Market Enterprise system (aka: Capitalism). its laissez faire
Laissez faire is the economic doctrine developed from the communist manifesto?
Laissez faire was not developed from the Communist Manifesto, There was no Laissez Faire when the manifesto was around.
Why is there laissez-faire?
so there is an option to have no government interference. it is called Capitalism.
What best describes laissez-faire capitalism?
The separation of economics and state
What does The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the eoconomy
The theory of laissez-faire capitalism advocates?
noninvolvement of the government in the economy
What are 2 other words for capitalism?
free market and laissez faire
