The Supreme Court justices' endorsement of laissez-faire capitalism in the late nineteenth and early twentieth centuries was significant because it prevented Congress from regulating any economic activity that occurred within a state.
<h3><u>What is laissez-faire capitalism ?</u></h3>
- Laissez-faire is a free-market, capitalist economic theory that rejects government interference.
- The French Physiocrats, who lived in the 18th century, created the laissez-faire ideology.
- According to proponents of laissez-faire, government involvement in industry and markets hinders economic progress.
- The principles of laissez-faire were later expanded upon by free-market economists as a means of achieving economic development, despite criticism that it encouraged inequality.
- Critics contend that some level of government control and participation is necessary for markets.
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Answer:
Congress passed laws that supported laissez-faire policies to help businesses grow. -Congress was concerned about workers, so they passed laws that guaranteed a minimum wage.
Answer:
Buying on margin is borrowing money from a broker to purchase stock
You can think of it as a loan from your brokerage. Margin trading allows you to buy more stock than you'd be able to normally. To trade on margin, you need a margin account.
Answer:
They could rebel against enslavers
They could run away
They could perform small, daily acts of resistance, such as slowing down work
Explanation:
Answer:
true
Explanation:
The result was that Athens won the Persian wars and that they stopped Persia from conquering Europe
