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 …

Laissez-faire (/ ˌlɛseɪˈfɛər / 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 …

LAISSEZ-FAIRE definition: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.

What does laissez faire mean? 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.

Definition of laissez-faire noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

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 …

Sep 1, 2016 · The term laissez faire refers to an economic system wherein the government takes a “hands-off” approach to transactions by and between private parties. The term literally …

Define laissez-faire. laissez-faire synonyms, laissez-faire pronunciation, laissez-faire translation, English dictionary definition of laissez-faire. also lais·ser faire n. 1. An economic doctrine that …

May 10, 2025 · Laissez-faire is a policy of minimum governmental interference in the economic affairs of individuals and society. The doctrine of laissez-faire is usually associated with the …

Laissez-faire refers to an economic philosophy that advocates for minimal government interference in the economy. The phrase “laissez-faire” originates with the French physiocratic …