Answer:Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing
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Imperialism is more direct domination where an outside power completely takes over to create an empire and considers it as its own. Colonialism is where the existing state is not entirely dismissed, but it is still controlled.