1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
3 years ago
9

What did supporters of laissez-faire claim?

History
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

In any regard, supporters of <em>laissez-faire </em>governmental policies were often advocates for the "free market". They would suggest that federal or state involvement in business would stagnate and decelerate the growth of the economy. The "invisible hand" of the market does not actually exist, but this argument would be made in order to support the assertion that government involvement was not required. In reality, significant economic downfalls of the past could have been avoided, had the governments of "unregulated business" nations played a more active role. Claims such as these were made for the purpose of promoting a self-sustaining economy, even when such a thing cannot coexist with financial disparity.

I hope this helped you understand the motives behind <em>laissez-faire </em> business and government policies. Blessings to you.

You might be interested in
Can someone please write a small description of the Civial Rights Act of 1964
shutvik [7]
The Civil Rights Act of 1964, which ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin, is considered one of the crowning legislative achievements of the civil rights movement.
6 0
3 years ago
Which statement is false regarding magna carta
laila [671]
Please list the statements
6 0
3 years ago
Match the correct term with the definition. Question 12 options:
mr_godi [17]

1. Proclamation of 1763 2. Declaration of Independence 3.  Articles of Confederation 4. Constitutional Convention 5. Great Compromise

6 0
3 years ago
Read 2 more answers
What benefits were there for the members of the 1st estate?
Tresset [83]

Answer:

composition/criticism of the church/exemption from taxes.

4 0
3 years ago
Read 2 more answers
Why did the thirteen american colonies want to purchase goods from the west indies?
xeze [42]
Because they were running low on supplies and other goods were missing so they could survive

5 0
3 years ago
Read 2 more answers
Other questions:
  • Read the passage. Last summer was the hottest on record, according to state weather statistics. Reports indicate rainfall levels
    6·2 answers
  • Why were stock companies necessary?
    7·2 answers
  • In what different ways did the colonial experience reshape the economic lives of Asian and African societies? How were the lives
    13·1 answer
  • Who has the power to review all laws and treaties of the united states
    14·1 answer
  • Part B<br> What is the unemployment rate in Cuba?
    15·1 answer
  • What does monoply mean
    7·2 answers
  • Explain the controversy of the 1876 presidential election and the impact it had on the American South.
    5·1 answer
  • How did the arrival of European settlers change the lives of the people of the Northwest Coast?
    13·1 answer
  • The federal government has worked to expand healthcare reforms to give all citizens access to affordable health care. States suc
    12·1 answer
  • In what ways are the revolutions in Latin America and the Caribbean similar to the French and American Revolutions? How do they
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!