Leave it alone, let it be, don’t interfere Laissez-Faire Leave it alone, let it be, don’t interfere

Essential Question to guide your notes What is Laissez-Faire, beyond just the meaning? How does the concept of Laissez-Faire impact American economics? What justification is there for Laissez-Faire policies? What are the social impacts of a Laissez-Faire policy? What evidence is there that Laissez-Faire policies don’t work? What is the impact of immigrants in a Laissez-Faire economy?

First: What is a Free market Discuss What is the idea of supply and demand?

What is Laissez-Faire It is an economic policy that advocates government staying out of the business sector The theory is that everything will even itself out in a completely free market A completely free market has never happened in a large scale The concept of Laissez-Faire is similar to the idea of anarchy in that they are completely theoretical and go against human nature

And linking it to Immigrants How does Laissez-Faire impact immigrants ? How do immigrants fit into a Laissez-Faire economy?

How would Laissez-Faire impact… For the following, anticipate how a Laissez-Faire policy would impact the following, then how would a person in favor of Laissez-Faire say that the market would correct it? Working conditions Wages Quality of products Use of resources

Pamphlets: make one to give to a lawmaker who is considering implementing laissez-faire capitalism Pro Laissez-Faire Pro-Workers Create a pamphlet that advocates for a Laissez-Faire business practices. How can it make life better? How can it make products better? What is wrong with regulating business? Create a pamphlet that goes against Laissez-Faire business practices How does it negatively impact workers? How does it foster economic inequality? How does it leave systems open for abuse?

Rubric A: takes a clear stand on laissez-faire capitalism, answers all questions with convincing depth, uses 2+ source Works Cited (not my sources), presented elegantly B: answers questions to take a stand on laissez-faire capitalism, uses 2+ source Works Cited, presented clearly C: creates a helpful pamphlet to support or not support laissez-faire capitalism