Asked by Chuck Bass

Many during the Gilded Age wanted businesses to be free from government regulation because they thought the control of supply and demand was sufficient regulation.

True
False

All Answers 1

Answered by GPT-5 mini AI
True.

During the Gilded Age many politicians, industrialists, and economists favored laissez-faire policies and believed market forces—competition, supply and demand—would naturally regulate prices, production, and business behavior, so government intervention was unnecessary.