<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.
Japan the develope country in 1980
Four ways to reduce political polarization are reforming the election process, assuring proportionality, increasing turnout and reforming the legislative process.
Reforming the election process:
One can reform the election process by abolishing primary elections and allowing the state and local party organizations to choose nominees. Adopting instant run-off elections can also help.
Assuring proportionality:
If the party which receives the most votes does not win the most seats, reserving some seats to such a party can help assure proportionality.
Increasing turnout:
A low turnout can be dealt with by making voting mandatory, creating incentives to lure more voters and by stopping voter suppression.
Reforming the legislative process:
This can be achieved by adopting a parliamentary system and abolishing the filibuster. Reducing transparency and allowing more latitude for negotiation and compromise can also help.
Know more about political polarization:
brainly.com/question/25226801
Answer: Stamp Act Tax
Explanation: It was passed in March 1765 and to be enacted on November 1
1775 – 1783
Here how it started: In April 1775 British soldiers, called lobsterbacks because of their red coats, and minutemen—the colonists' militia—exchanged gunfire at Lexington and Concord in Massachusetts. Described as "the shot heard round the world," it signaled the start of the American Revolution and led to the creation of a new nation.
