- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The meaning of LAISSEZ-FAIRE is a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights.www.merriam-webster.com/dictionary/laissez-faireLaissez-faire refers to an economic theory opposed to government intervention in the market. A central element of free-market capitalism, laissez-faire posits that businesses and society as a whole are significantly better off without government involvement.www.investopedia.com/terms/l/laissezfaire.aspWhat is Laissez-faire? Laissez-faire is a French phrase that translates to “allow to do.” It refers to a political ideology that rejects the practice of government intervention in an economy. Further, the state is seen as an obstacle to economic growth and development.corporatefinanceinstitute.com/resources/economic…
- People also ask
Laissez-faire Definition & Meaning - Merriam-Webster
Laissez-faire is a French phrase meaning "let (people) do (as they choose)" and refers to a doctrine or policy of minimal government intervention. Learn the origin, usage, and examples of laissez-faire in economics and other contexts.
Laissez-faire - Wikipedia
Laissez-faire is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations). As a system of thought, laissez-faire rests on the following axioms: "the individual is the basic unit in society, i.e., the standard of measurement in social calculus; the individual has a natural right to freedom; and the physical order of nature is a harmonious and self-regulating system." The original phras…
Wikipedia · Text under CC-BY-SA licenseLaissez-faire | Definition, Economics, Government, Policy, History ...
Laissez-faire is a policy of minimum governmental interference in the economic affairs of individuals and society. Learn about its origin, development, and decline in this article from …
Laissez-Faire Leadership: Examples and Advantages - Verywell Mind
Laissez-faire leadership is a hands-off style that lets group members make their own decisions. Learn the characteristics, benefits, disadvantages, and situations of t…
What Is a Laissez-Faire Economy, and How Does It …
Jun 28, 2024 · Laissez-faire is an economic theory that opposes any government intervention in business affairs. Learn about its origin, key features, advantages and disadvantages, and examples of laissez-faire …
LAISSEZ-FAIRE | English meaning - Cambridge Dictionary
Laissez-faire is a French phrase meaning unwillingness to get involved in or influence other people's activities. It is also an economic theory or plan that favors free markets and minimal …
LAISSEZ-FAIRE definition | Cambridge English Dictionary
Laissez-faire is a French phrase meaning unwillingness to get involved in or influence other people's activities. It is also an economic theory or plan that favors free markets and minimal …
LAISSEZ FAIRE Definition & Meaning - Dictionary.com
Laissez faire is a French term that means "let (people) do (as they choose)" and refers to a system or policy of noninterference in economic or personal affairs. Learn about its …
laissez-faire noun - Definition, pictures, pronunciation and usage ...
Laissez-faire is a French phrase meaning the policy of allowing private businesses to develop without government control. Learn how to pronounce, use and contrast it with …
Laissez–faire Definition & Meaning | Britannica Dictionary
Britannica Dictionary definition of LAISSEZ–FAIRE. always used before a noun [more laissez–faire; most laissez–faire] economics. : favoring a policy that allows businesses to …
