Register
How did the principles of the free enterprise system, laissez-faire, and the profit motive encourage the rise of industry
57.3k views
5 votes
How did the principles of the free enterprise system, laissez-faire, and the profit motive encourage the rise of industry

User Hotforfeature
by
6.7k points

1 Answer

3 votes
Without government restrictions on trade or taxes on goods, people were more free to buy and sell goods which boosts the economy. It was easier for businesses to sell goods for more convenient for buyers.
User Jeroen Coumans
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

North or south? during the civil war, the had the advantage of harboring 90 percent of the county's industries.
Laws of Conquest” in the new world were put in place by the _______. A. English B. Irish C. Spanish
What was nintendo befor it was a videogame compony
In what way did Andrew Jackson change the definition of democracy for the United States?
Which policy did the United States implement in postwar Japan?
Link Copied!