(Answered):Freedom Of Contract . . . .

Question Description

At the end of the 19th century, the industrial revolution had led to major economic changes in the United States. Lower transportation costs and access to better communication improved business dramatically, making firms more successful. Workers’ tasks were divided, making them more productive. And machines improved the efficiency by which factory work was done.

Yet these economic changes came head to head with a political environment that sought to protect workers and the workplace, efforts seen to slow the rapid movement toward growth. The principles of Adam Smith and his contemporaries advocated for less government, not more. This is