Laissez-Faire (1 Jan 1880 Jahr – 1 Jan 1890 Jahr)

Beschreibung:

In the late 1800's businessmen's used this term which means "let things alone" to argue that the marketplace should regulate itself without any government regulations or interference. This ideology, which was supported by a very conservative Supreme Court, weakened Executive Power because the president stayed out of commerce and did not attempt any financial regulations. This idea essentially sidelined the presidency as an ineffective and inconsequential office. As a result Executive power was greatly weakened.

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