The economic principle of laissez-faire means the government has little to no interference in the economy. At its peak, the Gilded Age demonstrated the most pure of laissez-faire economics in the US. The government had no regulations for monopolies, trusts, the stock market, wages, or prices. Essentially the government is to help businesses by allowing businesses to thrive under a competitive, unregulated environment. <span />
Chinese people not working hard because of using opium
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American imperialism consists of policies aimed at extending the political, economic and cultural influence of the United States over areas beyond its boundaries. Depending on the commentator, it may include military conquest, gunboat diplomacy, unequal treaties, subsidization of preferred factions, economic penetration through private companies followed by intervention when those interests are threatened, or regime change.
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