Thursday, October 24, 2013
Laissez Faire
Blog #3- Due Friday, November 1st
Laissez Faire is a French word meaning "let alone to do" or "leave to do." It was also the economic policy of the United States throughout most of the 1800s. The policy stated that government should not interfere with business.
Do you think this was a good policy? (Think about monopolies, trusts, and pooling; think about working conditions)
Should the government get involved in businesses? Why or why not?
How involved should the government be?
Be sure to give specific details or examples to support your answer.
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