Which policies allowed businesses to operate under minimal government regulation?

Policies such as deregulation and laissez-faire economics have historically allowed businesses to operate under minimal government regulation. Deregulation involves the removal or simplification of government rules that restrict business operations, fostering a more competitive environment. Additionally, tax incentives and reduced compliance requirements further empower businesses to operate with greater freedom and flexibility. Together, these policies aim to stimulate economic growth by encouraging entrepreneurship and innovation.