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How did laissez fairre and the spoils system encourage negative developments in big business?
Because of American government's laissez-faire policies, there was hardly any government interference in businesses - meaning business leaders could pretty much do what they wanted and go unchecked. The spoils system, in business and politics, involved leaders and people high up in the hierarchy to give positions to friends, relatives, and others they chose personally. As a result, high-ranking positions in large businesses were held by people who were often incompetent and were there merely due to social connecitons. With widespread use of the spoils system, big businesses were weakened to an extent. (Further, people who felt they were entitled to "earning" such a position, because of their relationship with or actions for the person giving out the job, who didn't receive it could get angry and take drastic actions against the person/company. Politically, Charles Guiteau and President Garfield, for example?) Other habits of industrialists of the time also had negative overall effects on business and especially on the working class. However, due to America's laissez-faire policy, there was no way for these actions, including the spoils system, to be regulated by an external authority, and so they continued.
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When the government has laissez-faire policies what are they doing about business?
Leaving it alone.
What is an economic policy in which a government does not become involved in business affairs?
laissez faire capitalism
What is the economic policy of laissez - faire?
Laissez -faire is a French term that means the avoidance of government control of the business and of the economy. This idea has been replaced with the term "free markets" which understands that government regulations on business to a certain extent are necessary for a wealthy and fair economy. The US economy can be described as a free market economy.
What term BEST describes the US government's policies towards business in the late 19th century?
laissez-faire
Which policy toward business was generally followed by the federal government before 1890?
Until 1890, the U.S. government's policy toward business was Laissez-faire, or "hands off." The Sherman Anti-trust Act was enacted in 1890 to break up monopolies. Since then, the government has taken more and more of an interventionist/regulated approach to business.
How did the government encourage the growth of the business after the civil war?
by following a laissez-faire policy of minimal regulation
How did the government encourage the growth of big business after the Civil War?
by following a laissez-faire policy of minimal regulation
Which cause and effect demonstrate a negative quality of laissez-faire policies?
Law makers fail to regulate business-----companies form monopolies
What was the business attitude of Calvin Coolidge?
laissez-faire
Which of these favored a laissez policy because it allowed them to do as they please?
Generally, business owners were in favor of laissez-faire systems because the business owners would be free of any and all regulations.
Which is a laissez faire policy?
There is little government regulation of business.
Who was a strong advocate of the laissez-faire economics?
the business owners
How did the government encourage the growth of big businesses after the Civil War?
by following a laissez-faire policy of minimal regulation
Which phrase best describes the economic policy of laissez- fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
Which phrase best describes the economic policy of laissez-fairs?
A laissez-faire economic policy involves a minimum of government interference in business.
What is the philosophy of keeping the government's hands off the business?
Laissez-faire
Which president adopted a laissez faire toward business?
Herbert Hoover
