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Study with Quizlet and memorize flashcards containing terms like Capitalism (In general), In capitalism, who owns businesses & factories?, In Capitalism, what is the government's level of involvement in the economy? and more.
Identify government policies and elements of capitalism that encouraged the industrialization of the United States. Laisez fairs-allowed business to operate under minimal government regulation. Protective tariffs-taxes that would make imported goods cost more than those made locally.
1873 and 1890. Men who invested in businesses were called ___. capitalists. ___ is the situation that exists when government does not interfere with business. Free enterprise. The investment of money to finance a business interest is called ___. capitalism. The greatest oil tycoon was ___. John D. Rockefeller.
A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead.
Nov 1, 2021 · Between the Civil War and the dawn of the 20th century, two serious financial panics, each followed by a deep economic depression (in 1873 and 1893), rocked American capitalism in town and ...
The American Revolution broke the back of state-regulated mercantile capitalism and opened the way for a market revolution that produced the world’s most dynamic economic system. Adam Smith and a New Capitalism
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This article engages with scholars working on the history of capitalism and with scholars of American political development to form a historical materialist perspective on the creation of the American federal government.