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dolphi86 [110]
2 years ago
7

Describe the Laissez-Faire economy and briefly speak about its impacts on the nation. What made these events so crucial in cover

ing history? (At least 1 paragraph)
Social Studies
1 answer:
lutik1710 [3]2 years ago
8 0

Answer:

Laissez-faire is an economic theory from the 18th century that opposed any government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates to "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be, and by extension, society as a whole. Laissez-faire economics is a key part of free-market capitalism.

Explanation:

brainliest pls

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Answer:

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Explanation:

Louisiana factors refers to a group of people who manage a collection of assets owned by other wealthy individuals. Their duty is similar to a modern-day supervisor/managers that's hired by company owners to manage their businesses.

Things such as overseeing goods/merchandise transportation, arranging how the goods should be distributed and loaning money to purchase supplies usually fall under their job description.

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This is the responsibility of the capital owners, not the factors.

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This is the responsibility of the workers. The factors' position is a bit higher than that.

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