Laissez-faire or free market capitalism
Free trade with no regulations was encouraged by industrialization. Industrialization is built quickly with no regulation and the opportunity to invest and create industry at the pace and policy of the corporations.
He was also known by the nickname of the sun king. Btw this is the 100th question I have answered!
Toward the end of the 14th century AD, a handful of Italian thinkers declared that they were living in a new age. The barbarous, unenlightened “Middle Ages” were over, they said; the new age would be a “rinascità” (“rebirth”) of learning and literature, art and culture. This was the birth of the period now known as the Renaissance. For centuries, scholars have agreed that the Italian Renaissance (another word for “rebirth”) happened just that way: that between the 14th century and the 17th century, a new, modern way of thinking about the world and man’s place in it replaced an old, backward one. In fact, the Renaissance (in Italy and in other parts of Europe) was considerably more complicated than that: For one thing, in many ways the period we call the Renaissance was not so different from the era that preceded it. However, many of the scientific, artistic and cultural achievements of the so-called Renaissance do share common themes–most notably the humanistic belief that man was the center of his own universe.
