Answer to Question #188289 in History for Marissa

Question #188289

discuss how Americans’ thinking about economic freedom has changed, and has not changed, from the end of the nineteenth century (that is, from around 1900) to the end of the twentieth century (or the early twenty-first century). What key historical events or developments shaped ideas about economic freedom during this period, and how? What continuities can be identified in thinking about economic freedom during this period (and even date back to the nineteenth century)?


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Expert's answer
2021-05-07T12:01:01-0400

From the end of the 19th century to the end of the 20th century, the United States went through an economic transformation that reflected economic growth of industries, the advancement of agriculture, promoting economic opportunities for American citizens, the global demand for the expansion of infrastructure was elevated,d stimulating trade. The primary emphasis that shaped ideas about economic freedom is economic achievements and how it was affected by new technologies, particularly those that improved productivity. However, the primary cause of economic growth includes legislation and government policies and the transition in economic sectors. Additionally, the improvements in the legal systems and property rights emerge as the crucial force behind long term achievements from economic liberty


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