In early America, belief in liberty to pursue happiness, unfettered by government intervention, resulted in the greatest prosperity and wealth the world had ever known. Select one: True False
Business · High School · Thu Feb 04 2021
Answered on
True.
In the early history of the United States, the founding principles included the belief in individual liberty, which encompassed the freedom to pursue happiness and prosperity. This ethos, combined with limited government intervention, a free-market economy, and the opportunity provided by a vast new continent, contributed to significant economic growth and prosperity during the 19th and early 20th centuries. The economic model in the early U.S. allowed entrepreneurs and settlers to take risks and reap the rewards, leading to innovations and a rapid expansion of wealth.