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laissez faire definition an economic principle advocating minimal gover…

Question

laissez faire
definition
an economic principle advocating minimal government interference in the economy letting market forces freely operate
write the word in a sentence using historical context.

Explanation:

Brief Explanations

Laissez - faire was a prominent economic idea in the 18th - 19th centuries. During the Industrial Revolution, many believed in minimal government interference to allow industries to grow freely.

Answer:

In the 19th - century Britain during the height of the Industrial Revolution, the principle of laissez - faire was widely adopted, with the government taking a hands - off approach to let the booming textile and manufacturing industries operate based on market forces.