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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. ... Share the Definition of laissez-faire on Twitter Twitter. Kids Definition. laissez-faire. noun. lais· sez-faire. ˌle-ˌsā ...
LAISSEZ-FAIRE definition: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
Laissez-faire was a political as well as an economic doctrine. The pervading theory of the 19th century was that individuals, pursuing their own desired ends, would thereby achieve the best results for the society of which they were part. The function of the state was to maintain order and security and to avoid interference with the initiative ...
t. e. Laissez-faire (/ ˌlɛseɪˈfɛər / LESS-ay-FAIR; or / lɑːˌsɛzˈfɛ.jər /, 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). As a system of thought ...
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 meaning: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
Laissez-faire means "leave it alone." Usually it describes the economic policy of a government that stresses non-interference in business.
Definition of laissez-faire noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Definition of laissez-faire noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. ... a laissez-faire economy They have a laissez-faire approach to bringing up their children (= they give them a lot of freedom).
LAISSEZ-FAIRE meaning: allowing things to happen and not trying to control them: . Learn more.
