lassezfaire government

Laissez-faire policy has always been a fundamental principle of the federal government. Between the years of 1860 and 1900, the government’s role seems to be very small. New government policies are almost nonexistent and the few policies they enforced were standard government administrations. However, toward the end of the century, economic growth in the US can be linked to direct government intervention. From the mid 1970’s to the early 1890’s, the federal followed standard government procedure …

…during this time period can be linked to many things. The industrial growth of the country boosted the economy considerably. However, this industrial growth would not have benefited the country as much as it did with out the regulation and support it received for mt he federal government. Even though the economic growth has been credited to a laissez faire policy, it was in fact direct government intervention that encouraged and developed the US economy.