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The laissez-faire argument

  • Some argued that laissez-faire policies and competition promoted economic growth in the long run, and they opposed government intervention during economic downturns.
  • Some argued — the CED reports a position rather than endorsing it, as it did with Manifest Destiny in 5.2.
  • In the long run and during economic downturns are the two halves: a claim about time, and a policy about crises.

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IGCSE, A-Level & AP