how did laissez-faire government policies encourage the growth of American businesses
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laissez-faire government: Laissez-faire is the policy of minimum governmental interference in the economic affairs of business houses of individuals or society.The economic system of laissez-faire has several fractions :1) respect for private property 2)freedom to start a business and established as a business 3) free markets in trade which mean, no price controls or excessive intervention by Govt.These government policies normally encourage growth because the government takes a step back from the businesses and people can now enjoy an easier livelihood, without worrying about the government collecting their food or stuff manufactured by them.
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