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Congress votes down a law providing a loan to a failing car manufacturer. laissez-faire approach referst to government approach to leave the private sector alone and let the market direct the growth of the economy.
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US amendments US preamble
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Louis XIV was an absolute monarch. Absolutism is the system of rule that allows one or more rulers to maintain absolute power over everything in the land. There is no higher power and even the Parliament could not overrule Louis’ decisions. As absolute monarch, Louis XIV set about reforming the state politically, economically and culturally.
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