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What was laissez-faire capitalism that was promoted by people such as Herbert Spencer?

1 answer:

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Answer:

Social Darwinism and American Laissez-faire Capitalism British philosopher Herbert Spencer went a step beyond Darwin's theory of evolution and applied it to the development of human society. In the late 1800s, many Americans enthusiastically embraced Spencer's "Social Darwinism" to justify laissez-faire, or unrestricted, capitalism.

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