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jeka94
3 years ago
7

The theory of Laissez-Faire economics was used during the late 1800s to..

History
2 answers:
mixas84 [53]3 years ago
7 0
1 is correct. Laissez-Faire is the theory of no government intervention in trade. In the late 1800s there were a lot of wealthy big businesses, mainly corporations, that were causing the ruin of smaller ones. People who opposed big business called for government regulation of it. The supporters of big business attempted to justify it using Laissez-Faire.
patriot [66]3 years ago
6 0
The theory of Laissez-Faire economics was used during the late 1800s to j<span>ustify unregulated business growth. 

Answer: </span><span>1) Justify unregulated business growth</span>
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After reading this task and going through some research on the topic, I conclude the following answer.

For starters, let's position ourselves on some historical background so we can understand what we are talking about.

Indentured servitude, which was first employed in the 17th and 18th century in order to cast labor from Europe to America, was then brought back to the spotlight in the 19th century and early 20th century after antislavery activism and movements met its peak of success in the 1800's.

The documents that would help assess the historical significance of indentured servitude in this period would be the following ones:

  • Herman Merivale, British Undersecretary of the Colonies, 1850.
  • Editorial in the Natal Mercury, Itongati, South Africa, on the visit of Sir George Grey, British colonial governor, June 6, 1855.
  • Principal Overseas Indentured Migrations 1834-1919.
  • Indentured Labor in the Age of Imperialism, 1834-1922, edition of 1995.
  • Photo and print collection of the Koninklijk Instituut voor Tall-, Land-en Volkenkunde, Leiden. Julius Eduard Muller, photographer. These pictures show Asian Indian indentured laborers awaiting assignment to work on sugar plantations in Suriname, 1885.
  • "General Statement of Asian Indian Inmigration to Mauritius", published by the British Government, 1949.
  • British Guiana Indenture Agreement, 1895.
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