He was a strong supporter of laissez faire economics
It's a more liberal "laid back" governing style. French government are classics at playing this game
Laissez Faire economics was a statement of a "hands off" agreement between the government of citizens. Laissez Faire basically means hands off. Adam Smith was an advocate of this idea.
FDR
Adam Smith
to limit the governments control over production
He was a strong supporter of laissez faire economics
It's a more liberal "laid back" governing style. French government are classics at playing this game
Laissez Faire economics was a statement of a "hands off" agreement between the government of citizens. Laissez Faire basically means hands off. Adam Smith was an advocate of this idea.
FDR
Adam Smith
No.
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Adam Smith.
little government intervention
little government intervention.
laissez-faire economics