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With the New Deal, President Roosevelt changed the government's role in the economy. What is laissez-faire approach to economics and how was President Roosevelt's approach different? (4 nts total)
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With the New Deal, President Roosevelt changed the government's role in the economy. What is

laissez-faire approach to economics and how was President Roosevelt's approach different? (4
nts total)

User Hey Mike
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1 Answer

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Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention, but Roosevelt enacted government programs to create a "welfare state" and provide jobs instead.

User Shankar Regmi
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