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"Although the economic growth of the United States between 1860 and 1900 has been attributed to a governmental policy of laissez-faire, it was in fact encouraged and sustained by direct government intervention." Assess the validity of this statement.

Is there any more information on laissez-faire policy?

  • History -

    http://en.wikipedia.org/wiki/Laissez-faire

  • History -

    Thank you.
    On the website it says:
    "The term is often used to refer to various economic philosophies and political philosophies which seek to minimize or eliminate government intervention in most or all aspects of society."

    does this mean that the original statement is false?

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