Jordyn Fabiano (Adam Smith)

I believe that Europe's Industrial Revolution did not impact all of its citizens in a positive way.  During the Industrial Revolution, Britain embraced free trade and the idea of laissez-faire economics. Laissez-Faire economics is the idea that governments should leave businesses alone and let them do what they want. Currently the government is enforcing the opposite of laissez-faire economics, they are telling farmers what land they can and cannot live and farm on and that the land is government property. By the government enforcing this upon businesses, the amount of businesses in Europe is decreasing. The citizens are not being impacted in a positive way, since they are being told what land they can live and farm on. I have always believed having competition in in the economy would have a greater impact on society. With competition in the economy businesses would have to work harder and longer hours to stay ahead of other businesses. In order to to that they would need to employ more people. By having more people employed, people in society would be happier.