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Learning Goal: I’m working on a social science multi-part question and need an explanation and answer to help me learn.For the Chapter 17 Paper, discuss each of the parts below in essay format using at least 500 words total.Part 1:In your own words, explain the policy of laissez-faire.Part 2:Discuss the debate surrounding the policy of laissez-faire. What do the laissez-faire advocates argue? What do the opponents of laissez-faire claim? Describe the two alternative that opponents offer to the policy of laissez-faire.Part 3:Read the article titled “The Industrial Revolution: Working Conditions” (http://www.saburchill.com/history/chapters/IR/039….) about the experiences of laborers in early coal mines, then answer the questions below.How do working conditions then compare to those now? In your opinion, are these working conditions an unavoidable result of laissez-faire capitalism? Explain your answersFor the Chapter 18 Paper, access the report by the Congressional Budget Office titled “The 2016 Long-Term Budget Outlook” (https://www.cbo.gov/publication/51580), and use the information from the report to discuss each of the parts below in essay format using at least 500 words total.Part 1:In your own words, summarize the 2016 report by the Congressional Budget Office.Part 2:What percentage of the gross domestic product (GDP) was estimated to be spent on Social Security in 2016?Part 3:What accounts for almost all the projected long-term increase in Social Security spending? Discuss how this will impact Social Security future spending.
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