Between the period of 1750 to 1900, free market policies were major drivers of change in the United States because they:
- Contributed to massive economic development.
- Led to exploitation of the working class thereby making the class system worse.
- Allowed for the corruption of the political system.
Impact of Free Market policies in the United States from 1750 to 1900.
- Economically - led to the growth of the economy as people had incentive to make profit and pursued various business ventures.
- Socially - the exploitation of the working class by the owners of production led to the class system growing in the U.S.
- Politically - in order to persuade the government to look the other way with relation to labor practices, businesses bribed politicians.
In conclusion, the free market was hugely influential in the period described.
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