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In America throughout most of the 1800's, a firm stand was taken in favor of the "laissez-faire" economic views of _______.

1 Answer

2 votes

Answer:

Adam Smith.

Step-by-step explanation:

Laissez-faire is a French expression that means: let do. As an economic idea, it was popularized in the 18th century by the economist, Adam Smith, whose ideas cemented the principles of capitalism. As a doctrine, laissez-faire determines that the government should not interfere with the movements and tendencies of a free market economy. As such, this principle, albeit never fully employed, has been determining in the USA ever since its inception.

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User Mazin Ibrahim
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