With the New Deal, President Roosevelt changed the government's role in the economy. What is the laissez-faire approach to economics and how was President Roosevelt's approach different?

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19 July, 04:22

With the New Deal, President Roosevelt changed the government's role in the economy. What is the laissez-faire approach to economics and how was President Roosevelt's approach different?

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Titus Lindsey · Answer 1

President Rosevelt wanted to fix all the economic problems of Americans, Laissez-faire was Hoover's approach, and it was to basically sit back, and the problems would work themselves out.