What are the effects of the seven years war? explain?

The war changed economic, political, governmental, and social relations between Britain, France, and Spain; their colonies and colonists; and the American Indians that inhabited the territories they claimed. France and Britain both suffered financially because of the war, with significant long-term consequences. Hope this helps :)

An example of laissez faire are the economic policies held by capitalist countries. An example of laissez faire is when a homeowner is allowed to plant whatever they want to grow in their front yard without having to get permission from their city.