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- LAISSEZ-FAIRE Definition Meaning | Dictionary. com
Laissez-faire definition: the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs See examples of LAISSEZ-FAIRE used in a sentence
- Laissez-faire - Definition, Pros, Cons, Intervention
Laissez-faire is a French phrase that translates to allow to do It refers to a political ideology that rejects the practice of government
- Laissez-Faire - Encyclopedia. com
LAISSEZ-FAIRE Laissez-faire, literally "leave alone," constituted the core doctrine of classical economics that there should be minimal government intervention in economic affairs According to this theory, an economy operating under a system of free competition will tend to produce at maximum capacity with the result that labor and other resources of production will be fully utilized Its
- LAISSEZ-FAIRE definition and meaning | Collins English Dictionary
2 meanings: 1 a Also called: individualism the doctrine of unrestricted freedom in commerce, esp for private interests b (as Click for more definitions
- Laissez Faire - Definition, Examples, Cases - Legal Dictionary
Laissez Faire defined and explained with examples Laissez Faire is an economic system wherein the government is hands-off in transactions between private parties
- LAISSEZ-FAIRE definition | Cambridge English Dictionary
LAISSEZ-FAIRE meaning: 1 unwillingness to get involved in or influence other people's activities: 2 a situation in… Learn more
- Laissez-Faire Definition Examples - Quickonomics
Published Oct 25, 2023Definition of Laissez-Faire Laissez-Faire is an economic and political ideology that advocates for minimal government interference in the economy The term is French and translates to “let do” or “leave alone ” In a laissez-faire system, markets are allowed to operate freely without government regulations or interventions Example […]
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