Laissez Faire Lack of Government Interference in the...

Laissez Faire was policy that stated that the government should interfere as little as possible in the nations economy in the 1800s. This means that the government has little regulation in business and that businesses can operate in a purely free market. It had advocated individual self-interest and competition, and opposed the taxation and regulation of commerce by government. It had reached its peak during the age of industrialization in 1870s; a time when American manufacturing was made easier as factories were operated free handed. However, the governmental policy of Laissez Faire was in fact encouraged and continued by a direct government intervention. Not many know but government did include a big hand in the policy of Laissez Faire†¦show more content†¦For this, the government began to favor more, bigger businesses. The government was also involved in the Pullman Strike in 1894. The Pullman Strike was a nationwide conflict between labor unions and railroads. Pres ident Grover Cleveland sent the Marshals and US Army troops, commanded by Nelson Miles, to break the strike up between the labor unions and railroads. Therefore, the governmental policy of Laissez Fairewas in fact encouraged and continued by a direct government intervention, as they were the ones who help to end the conflict. During the 1800s as high protective tariff were passed, it had greatly helped the Northern factories and business by taxing the foreign goods. Another thing that helped business to grow and spread was when the US government had allowed immigrants to come into the nation. This had a vast influence as it helped to provide cheap labor for the factor owners. This allowed the North and the South to grow productively. Many did not realize but government was the one who was providing opportunities and was in fact encouraging economic development even during the time of Laissez faire. To make land cheaper for people to purchase and to grow business on, the US Congress has passed the Homestead Act in 1962. It had declared that any citizen could claim 160 acres but they must grow crops on it. The Homestead Act made settlement in the West feasible for many new immigrants. Even though theShow MoreRelatedThe Jacksonian Democratic Party And The Whig Party1770 Words   |  8 PagesDemocratic Party and the Whig Party each, exemplified different beliefs on the role of the federal government in the economy and towards westward expansion in the 1830s and 1840s. However, the Jacksonian, laissez faire supporting Democrats and the economic nationalistic Whig party shared almost no beliefs except for the removal of American Indians in the areas their supporters wished to settle. 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