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.
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A huge economic price
Explanation:only the few rich profited, and most Indians didn't have jobs because they were taken by the British, and it brought many hardships
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The term superpower is given to countries that hold very large amounts of power and a sphere of influence that spans the globe.