Laissez-faire or free enterprise system is the principle wherein the government has little or minimal interference in the nation's economy.
This principle allowed more people to open, specialize, and industrialize their business efforts. This practice boosted the economy making more profit not only for the business people but for the nation as a whole.
It also benefited consumers because they were able to have more choices in terms of basic and luxury products.
the answer is Germany, Italy and Japan
The correct answer is economically prosperous.
When Hoover was sworn into the presidency on March 4, 1929, the US economy was booming. The increased amount of credit made available by banks and other institutions allowed Americans to spend money on goods they would not have been able to pay for in the early part of the 1900's. However, 6 months after he took the presidency over, the US Stock Market Crashed and helped to spark the Great Depression.
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