Question

Many opponents of the Sherman Antitrust Act supported laissez-faire policies. What was one of the key ideas of laissez-faire?

1) Government regulation made goods more costly.
2) Government regulation benefited the consumer.
3)Government regulation protected small businesses.
4) Government regulation was too difficult to enact.

Answer 1

The Answer Is A - Government regulation made goods more costly.

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Answer 2

One of the key ideas of a laissez-faire approach to government was that "1) Government regulation made goods more costly", since it regulated the way in which goods could be produced and sold.