asked 6.4k views
2 votes
How did the government’s policy of laissez-faire contribute to the growth of the American economy?

asked
User Enowneb
by
7.9k points

1 Answer

14 votes

Answer/Explanation

Under laissez-faire capitalism, you cannot wrap a robe around you, put a crown on your head, and demand that people give you money. That's what kings and queens do. Laissez - faire works best for economic growth because it provides individuals with the greatest incentive to create wealth.

answered
User Oded Breiner
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.