Answer:
Governments should be more involved solving economic problems.
The Gov. was scared they would have connections with the japanese enemys
he broke the rules and alex died
The answer is C. Did little to change American attitudes toward Growth and Expansion
The Panic of 1819 was the first major financial crisis in the US, but it doesn't stopped US attitudes towards Growth and Expansion, we still continued to do westward Expansion in the middle of financial crisis ( We acquired Ohio and northern Mississippi around year 1820)
<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.
