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Dafna1 [17]
4 years ago
13

Why did american workers feel threatened by chinese workers?

History
1 answer:
Tom [10]4 years ago
5 0
Because the Chinese workers work more for less pay
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<u>Original Question</u>: A government is laissez-faire when it?

<u>Answer: does not interfere with business affairs and does not regulate its actions</u>

<u></u>

<em>Explanation: Laissez-faire is an economic term that economists use when describing an unregulated market</em>

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<em>Its benefit is that allows for substantial growth in the industry as businesses are not bound by rules and regulations could increase the cost and decrease their efficiency.</em>

<em>However it is unbeneficial when businesses began to set up 'monoplies' and 'set inadequate working standards' that harm other businesses and workers. That is when the government would step in to regulate the market and break the laissez-faire terms on how to run a market.</em>

<em />

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