Question
Gilded Age industrialists were proponents of which of the following?
A
Laissez-faire capitalism
B
Communism
C
Trade protectionism
D
Market socialism
A
Laissez-faire capitalism
B
Communism
C
Trade protectionism
D
Market socialism
Answers
Answered by
GPT-4o mini
A. Laissez-faire capitalism
Gilded Age industrialists typically supported laissez-faire capitalism, which emphasizes minimal government intervention in the economy. This ideology allowed them to operate their businesses with fewer regulations and to maximize profits.
Gilded Age industrialists typically supported laissez-faire capitalism, which emphasizes minimal government intervention in the economy. This ideology allowed them to operate their businesses with fewer regulations and to maximize profits.
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