Laissez-faire definition, of, relating to, or conforming to the principles or practices of laissez faire. See more.
economics : a policy that allows businesses to operate with very little interference from the government. Source: Merriam-Webster's Learner's Dictionary.
laissez faire. From the government allowing the business world to set its own course to your babysitter who let you do whatever you wanted — if something is ...
4 days ago ... laissez-faire definition, meaning, what is laissez-faire: unwillingness to get involved in or influence other people's activities: . Learn more.
The laissez-faire or 'market system' is the unplanned capitalist economic system. The extreme opposite is N.Korea, Cuba, China etc. The 'passive' approach, or ...