What was one outcome of laissez-fire economic policies?

One outcome of laissez-faire economic policies was the significant growth of industrialization during the 19th century, particularly in Western nations. By minimizing government intervention in the economy, businesses experienced greater freedom to innovate and compete, leading to increased productivity and wealth. However, this also resulted in negative consequences, such as poor working conditions and income inequality, as labor protections and regulations were often minimal or absent.