<u>Effects of laissez-faire capitalism:</u>
- Laissez-faire capitalism allows companies to compete freely with each other in an open marketplace.
- Without costs of government regulation, businesses can grow faster.
- This leads to price increases for the consumer and the lack of diversification in the marketplace.
- Without restrictions from the government, there is more incentive for innovation, and technological advances can take place.
- This can result in a large wealth gap in a society with a few very rich people in control of the majority of the economy's wealth.
- Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system.
- Workers have more rights, and have a comfortable work environment.
- Lots of government involvement and regulation raises cost and slows growth.
False
Explanation: The Big Four consists of leaders from The United States, Great Britain, France, and Italy.
Germany and italy allied, britain, france and american allied. Assaination of the arch duch ferdinand. Sinking of american passenger ship lithunia.....unless i got this confused with ww2
During the Colonial Period. And the Revolutionary War.
It was mostly Christianity that helped to unite the people of Europe during the Middle Ages, but it should be noted that this was also a very divisive and oftentimes violent religion as well.
