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laissez-faire

noun
/ˌlɛ.seɪ ˈfɛər/

Meaning

An economic policy where government does not intervene in business affairs.
A free-market policy of minimal government intervention in economic affairs, characterized by non-interventionism and capitalism.

Example Sentences

Laissez-faire policies encourage private enterprise.

The country adopted a laissez-faire approach to economic policies.

Synonyms

Free Market, Non-Interventionism, Hands-off Approach, free-market policy, non-interventionism, capitalism
Entry 1
Free Market, Non-Interventionism, Hands-off Approach
Entry 2
free-market policy, non-interventionism, capitalism

Antonyms

Regulation, Government Control, Socialism, interventionism, regulation, protectionism
Entry 1
Regulation, Government Control, Socialism
Entry 2
interventionism, regulation, protectionism

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