Answer: Robber Barons
Explanation:
It was how the great American businessmen were jokingly called by the population in the nineteenth century. Not that the problem was in their fortune. The thing is, they got rich at the expense of abuse and compromise with the government.
It’s A ideas to lift urban African Americans out of poverty.
<u>Original Question</u>: A government is laissez-faire when it?
<u>Answer: does not interfere with business affairs and does not regulate its actions</u>
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<em>Explanation: Laissez-faire is an economic term that economists use when describing an unregulated market</em>
<em>An unregulated market in being the fact that the government doesn't involve us in the business world.</em>
<em>Its benefit is that allows for substantial growth in the industry as businesses are not bound by rules and regulations could increase the cost and decrease their efficiency.</em>
<em>However it is unbeneficial when businesses began to set up 'monoplies' and 'set inadequate working standards' that harm other businesses and workers. That is when the government would step in to regulate the market and break the laissez-faire terms on how to run a market.</em>
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Hope that helps!
#LearnwithBrainly
Answer:
I agree with the decision of McKinley.
Explanation:
If I was in McKinley’s position, I would also choose annexation of the Philippines because it is a gift of God by giving the control of Philippines to United states of America. If I would not annexed Philippines, another country will take this advantage so it is better to get this opportunity. It provides a market of American goods and the taxation on the Philippines boost the economy of the United states of America. The main disadvantage of the annexation of the Philippines is to put extra burden on the United states of America because military is needed to control the Philippines and maintain law and order.
