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dimaraw [331]
3 years ago
13

What was one outcome of laissez-faire economic policies?

History
2 answers:
kramer3 years ago
8 0

Answer:

B. Bad working conditions

Explanation:

EastWind [94]3 years ago
8 0
B. Bad working conditions
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The two countries suffered some kind of crisis towards the second half of the century that pushed them towards indebtedness abroad, which would lead to the contracting of debt in international markets in order to cope with their long decline, and with the hope of modernize their industry. Following that debt would lead them to accept, foreign intervention.

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The case of the Qing dynasty in China was very similar. By 1820, the empire showed symptoms of clear economic damage. Stuck in an extremely restrictive trading system, through which all international trade demanded through the Cohong guild, China collided with Western interests during the First Opium War. The defeat marked the beginning of a long process of decline.

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