Laissez-faire capitalism led to the growth of monopolies by * Placing strict rules and regulations on businesses to ensure fair competition
Passing laws to allow for better pay and safer working conditions
Supporting the growth of small businesses through subsidizing loans and providin
resources
Keeping out of business affairs which allowed companies to grow more and more
powerful

Keeping out of business affairs, laissez fairs means letting go in the government economy and letting the people run it themselves and is an early form of classical capitalism

Early 18th century british industries were generally small scale and relatively unsophisticated. most textile production, for example, was centred on small workshops or in the homes of spinners, weavers and dyers: a literal ‘cottage industry’ that involved thousands of individual manufacturers. such small-scale production was also a feature of most other industries, with different regions specialising in different products: metal production in the midlands, for example, and coal mining in the north-east.two illustrations of 18t