laissez-faire The doctrine, based on economic theory, that government should not interfere in business or the economy. Laissez-faire ideas guided American government policy in the late nineteenth century and conservative politics in the twentieth century. Business interests that supported laissez-faire in the late nineteenth century accepted government interference when it took the form of tariffs or subsidies that worked to their benefit. A broader use of the term refers to the simple philosophy of abstaining from interference. (pp. 585, 586, 640, 654, 674, 788, 789)
land grant A gift of land from a government, usually intended to encourage settlement or development. The British government issued several land grants to encourage development in the American colonies. In the mid-nineteenth century, the U.S. government issued land grants to encourage railroad development and, through the passage of the Land-Grant College Act (also known as the Morrill Act) in 1862, set aside public land to support universities. (pp. 209, 363, 552, 556, 560, 571, 573)
liberalism The political doctrine that government rests on the consent of the governed and is duty-bound to protect the freedom and property of the individual. In the twentieth century, liberalism became associated with the idea that government should regulate the economy and ensure the material well-being and individual rights of all people. (pp. 690, 676, 674, 932, 933, 936, 938, 940, 1013)
liberty The condition of being free or enjoying freedom from control. This term also refers to the possession of certain social, political, or economic rights, such as the right to own and control property. Eighteenth-century American colonists invoked the principle to argue for strict limitations on government’s ability to tax its subjects. (pp. 158, 170, 171, 172, 173, 174, 264, 378, 434, 452)