He thought the economy would do better by finding efficiency and wealth through the "Invisible Hand" of the market. He felt that government intervention weakened the economy. He also thought that the government would set up a system where businesses would start to band together to try to extract favors from the government, thus, the businesses would work together and not compete, which would make their product prices raise, and their product value and quality fall.
It might be said that the colony which had its charter revoked because of mismanagement was Pennsylvania. Penn owned the land and sold it to settlers at low prices instead of granting it out expecting to get a profit but he never did. This cause the opening of the colony which let it tho decline in the number of servants.
Answer:
Depending on who you ask you would get a different opinion. Many supporters of jazz found it liberating, exciting, it broke norms and gave freedom. It was a new and very creative way of playing music and dancing. It was a primarily black movement so many found it barbaric or immoral. Hating it because of race and class. It was seen by many that only uneducated people would like that kind of music while classical music was the real art of sophisticated people. Some music teachers also feared that it would make classical music seem boring and uninteresting to the younger generations.