By the turn of the twentieth century,Adam Smith's vision of laissez-faire capitalism had come to fruition.

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By the turn of the twentieth century, government regulation and intervention in the economy had increased significantly, contradicting the laissez-faire principles advocated by Adam Smith. This included measures such as antitrust laws, workplace regulations, and social welfare programs.

By the Turn of the Twentieth Century,Adam Smith's Vision of Laissez-Faire