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Under their conservative economic philosophy of laissez-faire
("leave it alone"), markets were allowed to operate without government
interference. Taxes and regulation were slashed dramatically, monopolies were
allowed to form, and inequality of wealth and income reached record levels. The
country was on the preferred gold standard, and the Federal Reserve was not
allowed to significantly change the money supply...
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Taxes and regulation were slashed dramatically, monopolies were
allowed to form, and inequality of wealth and income reached record levels. The
country was on the preferred gold standard, and the Federal Reserve was not
allowed to significantly change the money supply. Many try to blame the
worsening of the Depression on Hoover, for supposedly betraying the laissez-
faire beliefs...
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Laissez Faire DBQ
Laissez-Faire
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Economic Theory Suggests That Markets Are Efficient And Security Prices Are Determined On The Basis Of Fundamental Value
Government intervention in national markets
government's economic policy
Is Laissez-Faire Dead?: The New Economic Thought Of Ben Bernanke
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laissez faire
Organisations, economic systemsand government.
Mill and Classic Laissez-Faire Liberalism
The Correlation between the Great Depression, and the Depression of the Millennium
Is Government Interference Right?
Abouts On The Great Depression
Economic Depression
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