Laissez-faire Definition & Meaning - Merriam-Webster
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. How to use laissez-faire in a sentence.
Laissez-faire - Wikipedia
Laissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / LESS-ay-FAIR, from French: laissez faire [lɛse fɛːʁ] ⓘ, lit. ' let do ') 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).
Laissez-faire | Definition, Economics, Government, Policy, History ...
Jan 9, 2025 · Laissez-faire, also called laissez-faire economics, a policy that advocates minimum interference by government in the economic affairs of individuals and society. Read more about the meaning and origin of the term and the history of the doctrine in this article.
What Is a Laissez-Faire Economy, and How Does It Work? - Investopedia
Jun 28, 2024 · Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention. The theory of laissez-faire was developed by the French Physiocrats during...
LAISSEZ-FAIRE | English meaning - Cambridge Dictionary
LAISSEZ-FAIRE definition: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
LAISSEZ-FAIRE definition | Cambridge English Dictionary
LAISSEZ-FAIRE meaning: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
Laissez-Faire: Meaning, Legal Framework, Implications and Rights
May 17, 2024 · Laissez-faire is a free-market economic theory that rejects involvement by the government. The French physiocrats of the 18th century established the laissez-faire idea. Laissez-faire proponents contend that government intervention in industry and markets impedes economic progress.
Laissez-faire - Encyclopedia.com
May 17, 2018 · LAISSEZ-FAIRE, a French term that translates loosely as "let things alone," originated in the eighteenth century with a school of French economists, known as the Physiocrats, who opposed trade restrictions that supported older economic systems such as …
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 intervention in an economy. Further, the state is seen as an obstacle to economic growth and development .
Laissez-faire - (AP US History) - Vocab, Definition ... - Fiveable
Laissez-faire is an economic philosophy that advocates for minimal government intervention in the marketplace, allowing supply and demand to dictate prices and production. This principle promotes individual entrepreneurial freedom, suggesting that when businesses operate without excessive regulation, it leads to economic growth and prosperity.