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Oliga [24]
3 years ago
9

Which economic policy argues that government should limit, as much as possible,any interference in the economy?

History
1 answer:
Andre45 [30]3 years ago
6 0
French for 'leave alone', laissez-faire<span> is an economic theory that became popular in the 18th century. The driving idea behind </span>laissez-faire<span> as a theory was that the less the government is involved in free market capitalism, the better off business will be, and then by extension society as a whole.</span>
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Theodore Roosevelt Jr. (/ˈroʊzəvɛlt/ ROH-zə-velt;[b] October 27, 1858 – January 6, 1919), often referred to as Teddy Roosevelt or his initials T. R., was an American statesman, conservationist, naturalist, historian and writer, who served as the 26th president of the United States from 1901 to 1909. He previously served as 33rd governor of New York from 1899 to 1900 and the 25th vice president of the United States from March to September 1901. Roosevelt emerged as a leader of the Republican Party and became a driving force for the anti-trust policy while supporting Progressive Era policies in the early 20th century. His face is depicted on Mount Rushmore alongside George Washington, Thomas Jefferson, and Abraham Lincoln.

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Roosevelt took office as vice president in March 1901 and assumed the presidency at age 42 after McKinley was assassinated the following September. He remains the youngest person to become President of the United States. Roosevelt was a leader of the progressive movement, and he championed his "Square Deal" domestic policies, promising the average citizen fairness, breaking of trusts, regulation of railroads, and pure food and drugs. He made conservation a top priority and established many new national parks, forests, and monuments intended to preserve the nation's natural resources. In foreign policy, he focused on Central America where he began construction of the Panama Canal. He expanded the Navy and sent the Great White Fleet on a world tour to project the United States' naval power around the globe. His successful efforts to broker the end of the Russo-Japanese War won him the 1906 Nobel Peace Prize. He avoided controversial tariff and money issues. Roosevelt was elected to a full term in 1904 and continued to promote progressive policies, many of which were passed in Congress. He groomed his close friend William Howard Taft to successfully succeed him in the 1908 presidential election.

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