Laissez-faire - Wikipedia
Laissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / LESS-ay-FAIR; or / l ɑː ˌ s ɛ z ˈ f ɛ. j ə r /, 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 …
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.
What Is a Laissez-Faire Economy, and How Does It Work? - Investopedia
2024年6月28日 · 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.
What Is Laissez Faire Economics? - The Motley Fool
2023年11月22日 · Laissez-faire economics advocates for minimal government interference, relying on market forces. Adam Smith's notion of the "invisible hand" underpins this system, promoting self-regulated...
LAISSEZ FAIRE Definition & Meaning - Dictionary.com
As a noun, laissez faire refers to the practice of allowing people or institutions to act or behave however they want, with little or no interference or regulation. It can also refer to the theory on which such a system is based.
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.
What Is Laissez-Faire Economic Theory? - The Balance
2021年11月22日 · Laissez-faire economics is a theory that says the government should not intervene in the economy except to protect individuals' inalienable rights. Laissez-faire policies need three components to work: capitalism, the free market economy, and rational market theory.
Laissez Faire | Economics Definition + Examples - Wall Street Prep
2024年9月7日 · What is Laissez Faire? Laissez Faire is an economic policy based on the premise that the government should not intervene in the marketplace. The laissez faire doctrine advocates for minimal meddling by the government in the economic affairs of individuals and society.
How Does Laissez-Faire Economics Really Work? - HowStuffWorks
Over the ensuing centuries, the economic policy that became known as "laissez-faire" (French for "leave it alone") has been embraced by free-market capitalists and demonized by progressive reformers. But rather than praise or bash the policy, let's explore the economic rationale behind laissez-faire and see how it really works in action.
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