The classical liberal ideas of limited government and laissez-faire capitalism impacted the 19th century society because of how there was no regulations or rules in the economy. The capitalist economy was based on Adam Smith’s idea of the invisible hand, where there was no government involvement or the “hands off approach”.
The classical liberal idea of no government involvement had a large impact on society. There were no laws protecting workers, minimum wage, the environment, or child labor. This allowed workers to be easily exploited by the owners of factories or mines. An example, could be the exploitation of children, during the Industrial Revolution and the 19th century. Children often started working at the age of five. The child
The classical liberal idea of no government involvement had a large impact on society. There were no laws protecting workers, minimum wage, the environment, or child labor. This allowed workers to be easily exploited by the owners of factories or mines. An example, could be the exploitation of children, during the Industrial Revolution and the 19th century. Children often started working at the age of five. The child