How did American businesses fare under laissez-faire policies?

 How Did American Businesses Fare Under Laissez-faire Policies?

Answers

Answer 1

Answer:

 

Laissez Faire: A Conservative Approach to the Industrial Revolution

Laissez faire (from the French, meaning to leave alone or to allow to do) is an economic and political doctrine that holds that economies function most efficiently when unencumbered by government regulation. Laissez faire advocates favor individual self-interest and competition, and oppose the taxation and regulation of commerce.

This position was put forth by the following:

The Physiocrats, early economists in mid-18th century France, who responded to the plight of the merchant class that was chafing under the myriad dictates of French mercantilism. They argued against navigation laws, tariffs, business taxes and special monopolies.

Adam Smith, father of classical economics, maintained in Wealth of Nations (1776) that Britain`s goal should have been the promotion of the welfare of individuals, rather than centering on national power and prestige. Freely functioning economies were capable of bestowing benefits to all levels of society.

John Stuart Mill laid out the cases for and against government interference in the economy in Principles of Political Economy (1848).

Laissez faire economic principles were not always enthusiastically accepted in the United States:

Alexander Hamilton paid lip service to freedom from economic constraints, but was an effective advocate of protectionism in order to nurture the nation`s "infant industries."

Antebellum Southern planters strove for years to remove the heavy hand of the federal government from their efforts to export their produce. High tariffs in the United States often meant retaliatory duties elsewhere.

Laissez faire reached its apex in the 1870s during the age of industrialization as American factories operated with a free hand. A contradiction developed, however, as competing businesses began to merge, resulting in a shrinkage of competition.

During the administrations of Theodore Roosevelt and Woodrow Wilson, public opinion shifted to support antitrust legislation and curb the abuses of unrestrained business—child labor, long factory hours and unsafe working conditions.

Laissez faire attitudes made a comeback of sorts during the boom times of the Roaring 20s, but the depression of the 1930s brought the New Deal and the return of government intervention in the economy.

The philosophy of governmental noninvolvement in business is not always applied symmetrically, as Franklin D. Roosevelt pointed out in his speech to the Commonwealth Club of San Francisco in 1932:

The same man who tells you that he does not want to see the government interfere in business-and he means it, and has plenty of good reasons for saying so-is the first to go to Washington and ask the government for a prohibitory tariff on his product. When things get just bad enough-as they did two years ago-he will go with equal speed to the United States government and ask for a loan; and the Reconstruction Finance Corporation is the outcome of it. Each group has sought protection from the government for its own special interest, without realizing that the function of government must be to favor no small group at the expense of its duty to protect the rights of personal freedom and of private property of all its citizens.

Explanation:


Related Questions

What is another name for the Hebrew Bible?
A. The Old Testament
B. The New Testament
C. The Gospels

Answers

Answer:

A. The Old Testament

Explanation:

The Hebrew bible is comprised of the Torah, Writings, and Prophets. Otherwise known as to Christians as the Old Testament.

the supreme court is in session?​

Answers

Answer:

WHat

Explanation:

Answer:

October to July

Explanation:

In which economic area(s) shown on this graph did the Confederacy experience higher costs than the Union?
Government expenditures and human capital
Human capital and property destruction
Property destruction only
Government expenditures only

Answers

The correct option C states that Confederacy faces higher costs than the Union in the economic area of property destruction.

What is an economic area?

An area where the government regulates the geographically defined zones for specific purposes with the intention of investment to gain monetary returns and growth is known as an economic area.

In the above example, it can be seen that union government has given the responsibilities to look after the area of property destruction in the hands of the Confederacy states, and thus does not incur any costs.

Hence, option C holds true of the costs of the economic area by Union and Confederacy.

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Two of the uns chief goals are promoting ____ and _____

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Answer:

Explanation: two of the uns chief goals are promoting social progress and better living

Two of the UN's chief goals are promoting social progress and improving the standards of living for all people, as well as encouraging tolerance and peace in interactions among nations.

The United Nations (UN) has several key goals. Two of the most significant goals are:

Promoting social progress and improving the standards of living for all peopleEncouraging tolerance and peace in interactions among nations

These goals are aimed at fostering global development and maintaining international peace and security. By addressing social inequality and mitigating conflicts, the UN strives to create a more just and peaceful world for everyone.

What best defines a tariff? A special tax on foreign goods. The suggested powers given in the Constitution. The debt owed by the colonies after the Revolutionary War.

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Answer:

A special tax on foreign goods

Explanation:

A special tax on foreign goods

TOMORROW IS MY OFFICIAL LAST DAY OF SCHOOL !

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Answer:

SAME BRO I AM SOO HAPPY TO BE  OUT

Explanation:

In the Middle Ages, Europeans’ lives were guided not by the laws of governments as we know them today, but by the unifying force of the church.

Question 2 options:

A.Hebrew

B.Islamic

C.Christian

D.Buddhist

Answers

Answer:

C. Christian

Explanation:

During the Middle Ages, Europe was largely under the command of the Christian Church. The Church had very big power, political, social, economic, and it used it in its advantage in order to control pretty much everything on the continent where it had its power. This unfortunately led to the Middle Ages to become Dark Ages, as the Church was only interested about promoting what was in its interest in order to be more powerful, and it was using very violent methods if someone tried to oppose it. During this period, Europe regressed significantly, and the continent was largely isolated from any new inventions, technologies, scientific progress etc.

What major achievement for African Americans took place soon after World
War ll?
O
A. Desegregation in the schools
O
B. Integrated suburban housing
O
C. Desegregation of the military
O
D. Integrated government jobs

Answers

Answer:

C. Desegregation in the military

Explanation:

Desegregation in schools came with the landmark court case Brown v. Board of Education in 1954.

B and D just come from the fact that I know that there was still segregation is housing and jobs.

The answer is A because that is what happened right after

What were two reasons that Prince Shōtoku sent Japanese monks and other men to China? to preach the Shinto religion in China to study how the Chinese government operated to sabotage Chinese military projects to learn about Chinese art and technology to convince the Chinese to fight the Mongols

Answers

Answer:

to study how the Chinese government operated

to learn about Chinese art and technology

Explanation:

He sent Japanese monks and other men to China to study.  They study mostly how the Chinese government worked as well as art and technology.

He ruled in lat 6th and early 7th century and he made Buddhism the state religion.  He built many temples all over Japan.

Through the messengers he sent to China, he learned a lot and that helped him create a new Japan, making him revered and viewed until today as one of the most important rulers of Japan's history!

Select all the correct answers

Which two fears did US leaders have about Spain's transfer of territory to France?

a.They feared that the French presence would prevent US expansion in the West.
b.They believed that American Indians from the territory would soon attack the c.United States.
d.They feared that the United States would lose access to the Mississippi River and New Orleans.
e.They feared Spain had transferred lands that the United States already claimed. They feared that Spain and France would soon attack the United States together. Reset Next

Answers

Final answer:

US leaders were worried that the French presence might inhibit western expansion and that they would lose vital access to the Mississippi River and New Orleans, both crucial for trade.

Explanation:

US leaders had two main concerns regarding the transfer of territory from Spain to France. Firstly, they feared that a French presence in the territory would hinder the United States' ambitions for westward expansion. Secondly, there was a significant concern that the United States would lose access to the Mississippi River and New Orleans, which were vital for trade and commerce. This access was crucial for the economy, particularly for the agricultural exports of the western territories. The closure of the Mississippi by Spain, as mentioned in the historical context, already showed how such a loss could detrimentally impact American trade.

Final answer:

US leaders feared that the French presence would prevent US expansion in the West and that they would lose access to the Mississippi River and New Orleans, crucial for trade and transport.

Explanation:

The two fears that US leaders had about Spain's transfer of territory to France were primarily concerned with the expansion and trade interests of the United States. They feared that the French presence would prevent US expansion in the West, and they feared that the United States would lose access to the Mississippi River and New Orleans. This was because controlling the Mississippi River was crucial for trade and the transport of goods, and the presence of another European power in the territory could significantly hinder the United States' westward expansion and economic growth.

The battle of ___ was an astonishing victory by a makeshift American fleet.

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Answer:

The battle of Lake Erie was an astonishing victory by a makeshift American fleet.

Take a close look at this photograph. Describes want you see and the struggles that children faced during this time

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This is most likely a picture taken during the Progressive Era. In the picture we can see children that are outside. They seem to be homeless, as they are sleeping in the streets and lack appropriate clothing. They also seem to be poor and on their own.

During this time period, the population of poor people in urban cities greatly increased. As a result of the Industrial Revolution, many people moved to cities, with many of them being unable to find work, or having jobs that paid too little. Therefore, scenes like this became common. Children faced many challenges. Very few of them went to school, and many had to work in order to help their families.

A good description from what can be seen in this picture are children that are homeless.

This picture shows children that are taking shelter in the open in the progressive era. They are obviously in an uncomfortable and bad situation from what the picture shows.

Most of the struggles that children faced during this time was:

They were forced to work.They had no educationMost of them were injured or killed in the workplaceThey were from poor families and often had to go without food.

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How do Lincoln and Davis view minorities

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Final answer:

Lincoln held conservative views on racial equality, not favoring complete social and political equality of races but opposing dehumanization. Wade and Davis supported abolition, but, like Lincoln, were hesitant on equality. During Reconstruction, abolitionists and free blacks advocated for integration and civil rights, despite widespread racism.

Explanation:

Abraham Lincoln and Jefferson Davis had differing attitudes toward minorities and the issue of racial equality. Lincoln, while not advocating for social and political equality between white and black races as mentioned in his fourth debate, did oppose the dehumanization of blacks and proposed the Ten Percent Plan in Louisiana, expressing optimism due to the diverse population supporting a constitution barring slavery. Lincoln believed in superior positioning for the white race but wanted to prevent the dehumanization of African Americans, push for legal equality, and protect civil liberties. On the other hand, the moderate stance of Wade and Davis left out provisions for black suffrage aligning with Lincoln’s cautious approach, preferring abolition but not equality.

During the Reconstruction era, the majority in the North, including free blacks and white liberals like Frederick Douglass and Charles Sumner, fought for a stronger focus on integrating society and securing voting rights for blacks. They emphasized the importance of equality before the law and other civil liberties as essential for a better life. However, widespread racism and restrictions on black votes and movements persisted, demonstrating a complicated attitude toward racial equality.

Why did slaveholders try to convince poor whites that slavery was justified

A.) they needed their labor on farms

B.) they needed to keep trade relations intact

C.) they needed their land

D.) they needed their political support

Answers

Answer: C.) they needed their political support

Explanation:

Answer:

c

Explanation:

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Which of the following best completes the chart?


A. Merchants and Artisans


B. Bureaucrats


C. Teachers and Poets


D. Slaves

Answers

Answer:

A. Merchants and Artisans

Explanation:

The Aztecs, as all other civilizations, had their own social structure, or hierarchy. There were five hierarchical levels in the Aztec society. On top was the emperor, having the biggest power and influence. In the second level were the nobles, which had lot of power and big reputation, and they were only subjugated to the emperor. The warriors and priest were in the third level, thus in the middle, having a very special role in the Aztec society, but having limited power. The merchants and artisans were in the fourth level. They were the ones that were doing all the trade and controlled the market, thus they were crucial for the economy. In the last, fifth level were the farmers and laborers. Despite being the ones that provided food for everyone else and they were the ones that were doing the dirty work, they were not respected and were subjugated to everyone else in the society.

Answer:

A. Merchants and Artisans

Explanation:

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Which type of legislation has the member of Congress introduced?

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Answer:

Public Bill is your answer

Explanation:

government system where elected leaders make decisions on behalf of the people A.S.A.P PLEASE HURRY!!

Answers

Answer:

Representative democracy.

Explanation:

Who should be taxed according to Henry George's ‘single tax’ theory?

Answers

Answer:

All of the society

Explanation:

Henry George has had a theory and pushed for it to be accepted. His theory was that the economic renting of land should be shared by the whole society. Basically he had a communist idea. His ideal was that the whole land to be nationalized, so the government would have full control over it, its development, control, planning, organizing. This also meant that all the people should work on the nationalized land, thus for the government, meaning that the society would have made one very big step toward communism.

Many classical economists such as Adam Smith believed that government should

Answers

Final answer:

Classical economists, particularly Adam Smith, favored minimal government interference in the economy, relying on market forces to regulate supply, demand, and prices. However, there is an understanding that government intervention might be necessary in cases of market failure, although its effectiveness should reflect the public interest.

Explanation:

Classical economists like Adam Smith were proponents of laissez-faire economics, a concept which advocates for minimal government intervention in the market. Smith's theory, discussed in his seminal work 'The Wealth of Nations,' suggests that the "invisible hand" of the market will lead to prosperity and efficient allocation of resources without the need for government interference. The principle of supply and demand would naturally adjust prices and production to meet societal needs. Smith conceded that some government roles were essential, such as infrastructure development and national defense, but opposed monopolies and business subsidies, believing they distorted market competition.

However, it is acknowledged that there are instances such as monopolies and negative externalities where government intervention may be necessary to correct market failures. Nonetheless, economists emphasize that government policies must be effective and reflective of the public interest, weighing the real-world strengths and weaknesses of both markets and governments. Ultimately, the debate on the government's role in the economy is about striking the right balance between productive market forces and necessary regulatory oversight to address systemic market issues.

The Confederate states did not recognize the Emancipation Proclamation as law because of what reason?

It did not identify them specifically

They had not lost enough land yet

It was not written down

Abraham Lincoln was not their leader

Answers

Answer:

The answer is d.

Explanation: The Confederate states did not recognize the Emancipation Proclamation as law because Abraham Lincoln was not their leader. This proclamation was made by Abraham Lincoln basically to free slaves from confederate areas. Jaferson Davis was the president of Confederate states at that time.

What is the purpose of voir dire? To find out the facts of the case during the trial. To decide the outcome of a case. To challenge potential jury members. To identify suitable jury members.

Answers

Answer:

D. To identify suitable jury members.

Explanation:

This is a process administered by a judge or a lawyer on jurors to determine if the individual is suitable for jury service.This is a common process employed by lawyers to help them select the suitable panel using a number of questions.The purpose of these questions is to determine competence of the jurors before they participate in a case.Jurors are supposed to speak their own minds when replying to these questions as a way of making informed decisions.

Which statement best describes the Roman language of Latin

Answers

Final answer:

Latin was the Roman language that heavily influenced Rome's culture and administration. It became the basis for Romance languages and continued to have significant influence after the fall of the Roman Empire.

Explanation:

The Roman language of Latin played a significant role in the history and culture of ancient Rome. As the official language of the Roman Republic and Empire, Latin heavily influenced many parts of Rome's societal structure, from its legal system to its educational practices.

Historical Background of Latin:

Latin, an Italic language originally spoken in Latium and Ancient Rome, became the prevalent language due to Rome's political power. It was used in the administration of the Roman Empire and was the origin of the Romance languages, including French, Spanish, and Italian.

Latin and the Roman Republic:

During the time of the Roman Republic, Latin became intertwined with governmental terms. For instance, the term 'res publica', from which the English word 'republic' derives, was used to refer to the Roman state. Latin also influenced the realm of Roman law with Justinian's Code, where laws were issued and preserved in Latin, showcasing Latin’s crucial role in the administration and legislation.

Latin's Influence After the Fall of Rome:

Post-Roman Europe continued to use Latin in many ways. It was considered as the language of the educated, and the Latin alphabet was adopted for many languages, including English.

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How do you think the English colonists viewed the misfortune suffered by the Native Americans in the years after colonization.

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Answer:

Systematic European colonization began in 1492, when a Spanish expedition headed by the Italian explorer Christopher Columbus sailed west to find a new trade route to the Far East but inadvertently landed in what came to be known to Europeans as the "New World". He ran aground on 5 December 1492 on the northern part of Hispaniola, which the Taino people had inhabited since the 9th century; the site became the first permanent European settlement in the Americas. Western European conquest, large-scale exploration and colonization soon followed. Columbus's first two voyages (1492–93) reached the Bahamas and various Caribbean islands, including Hispaniola, Puerto Rico, and Cuba. In 1497, Italian explorer John Cabot, on behalf of England, landed on the North American coast, and a year later, Columbus's third voyage reached the South American coast. As the sponsor of Christopher Columbus's voyages, Spain was the first European power to settle and colonize the largest areas, from North America and the Caribbean to the southern tip of South America.

Explanation:

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What are the differences between the roles of women in classical India and China?

Answers

Answer:

In India noble women were able to receive and education. Women in India were also able to remarry and in China they could not.

Answer:

In India, noblewomen and some women who’d adopted Buddhism could get minimal education, but in China, there was no chance of a female getting an education.

How did abolitionism challenge barriers to racial equality and free speech?

Answers

Answer:

Abolition played an important role in focusing attention on the evils of slavery as an institution. It also dramatized the role citizens could play in challenging accepted practice in the United States.

Explanation: The Abolition movement challenged accepted practices in the United States.

What is one benefit consumer-protection regulations

Answers

One benefit of consumer-protection regulations is ensuring fair treatment for consumers. The Option D.

How do consumer-protection regulations ensure fair treatment for consumers?

Consumer-protection regulations play a crucial role in ensuring fair treatment for consumers. These regulations set standards and guidelines that businesses must adhere to, preventing deceptive practices, fraud, and unfair treatment.

By enforcing transparency in advertising, pricing, and product information, consumer-protection regulations empower consumers to make informed decisions and protect them from exploitation.

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Answer: (C A reduction in injuries and others.

Answer: (C A reduction in injuries and others.

define Aspiration..............................

Answers

Answer: A hope of achieving something.

Explanation:

Aspiration is the act of drawing in or removing a substance, such as fluid or gas, from a body cavity or space, typically by suction. In medical terms, it can refer to the removal of fluid, cells, or tissue from the body using a needle or other instrument. For example, during an aspiration biopsy, a needle is inserted into a tumor or mass to withdraw cells for examination under a microscope.

In a broader sense, aspiration can also mean a strong desire to achieve something, such as a career or personal goal. This form of aspiration is more about ambition and the motivation to strive for a particular outcome or level of success.

 In the context of speech, aspiration refers to the airflow that accompanies the release of certain consonants, particularly in English when pronouncing the 'h' sound, as in the words ""hat"" or ""haunt.""

In respiratory medicine, aspiration can refer to the inhalation of foreign material into the lungs, which can lead to serious conditions such as aspiration pneumonia.

 In summary, aspiration can have several meanings depending on the context:

1. In medicine, it is the act of removing substances from the body.

2. In personal development, it refers to one's ambitions or goals.

3. In phonetics, it describes the airflow associated with the pronunciation of certain sounds.

4. In respiratory medicine, it involves the inhalation of material into the lungs."

Define secede in one sentence?

Answers

Answer:

To withdraw from an organization

Hope this was helpful! :)

Answer:

The word secede simply means to back out of something and become independent.

Explanation:

''States such as: Mississippi, Virginia, and Texas, decided to secede the U.S. and create their own government.''

Describe three costs of production that are supply shifters.

Answers

Answer:

Regulation, Taxes, Subsidies

Explanation:

Regulation, taxes, and subsidies are three government actions that shift the supply curve as they add additional costs to production.

Answer:

Government subsidies, Taxes and cost of raw material.

Explanation:

Government subsidies, Taxes and cost of raw material are the three cost of production which acts like supply shifter. Because the rise in government subsidies will decrease the cost of production and as a result, the supply will increase. Consequently, the supply curve will shift rightwards. Moreover, the rise in taxes and the price of raw material will raise the cost of production. hence, the supply curve will shift leftwards.

What was the primary motivation behind the non-aligned movements during the Cold War?

Answers

Answer:

to avoid falling under the influence of global powers.

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