When economists use the term "laissez-faire," they are referring to the idea that "<span>C. Government should not interfere with business practices", since this term implies a "hands off" approach to the economy. </span>
Pueblo grants were used to establish new settlements and communities in new Mexico.
Protective tariffs were a key element of the American system. These are tariffs that are enacted aiming to protect a domestic industry. Protective tariffs seek to make imported goods cost more than equivalent goods produced in the country, leading to the rise of sales of domestically produced goods; supporting local industry. Tariffs are also imposed in an attempt to increase government revenue, or to reduce an undesirable activity.
However, if a state law affords a person more rights than federal law, the state law is legally presumed to prevail, albeit only within that state. At the same time, if a state imposes more responsibility on its residents than the federal law, the state law<span> prevails.</span>
