In your response, be sure to address all parts of the question. Use complete sentences; an outline or bulleted list alone is not acceptable. Answer all parts of the question that follows. a) Identify ONE factor that contributed to laissez-faire economic policies becoming more popular in the period 1750–1900. b) Describe ONE difference between mercantilist and laissez-faire economic policies. c) Explain ONE way in which the adoption of laissez-faire economic policies led to an increase in the share of global manufacturing for states in Europe and North America
In your response, be sure to address all parts of the question. Use complete sentences; an outline or bulleted list alone is not acceptable.
Answer all parts of the question that follows.
a) Identify ONE factor that contributed to laissez-faire economic policies becoming more popular in the period 1750–1900.
b) Describe ONE difference between mercantilist and laissez-faire economic policies.
c) Explain ONE way in which the adoption of laissez-faire economic policies led to an increase in the share of global manufacturing for states in Europe and North America.
An economic policy is an approach that alludes to the moves that state-run administrations make in the financial field. These incorporate the loan fee and cash supply, assessment and government spending, duties, trade rates, work market guidelines, and numerous different parts of government. The monetary approach of state-run administrations covers the frameworks for setting tax assessment levels, government spending plans, the cash supply, and loan fees. It additionally considers the work market, public proprietorship, and numerous different areas of government intercessions into the economy.
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