Laissez-faire | Definition, Economics, Government, Policy, History ...
WebApr 8, 2024 · laissez-faire, policy of minimum governmental interference in the economic affairs of individuals and society. The origin of the term is uncertain, but folklore suggests that it is derived from the answer Jean-Baptiste Colbert, comptroller general of finance under King Louis XIV of France, received.
Laissez-faire Definition & Meaning - Merriam-Webster
WebThe 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.
Laissez-faire - Wikipedia
WebLaissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / 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 any form of economic interventionism (such …
What Is a Laissez-Faire Economy, and How Does It Work? - Investopedia
WebApr 16, 2024 · Key Takeaways. Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention. The theory of laissez-faire was developed by the French...
LAISSEZ-FAIRE | English meaning - Cambridge Dictionary
WebLAISSEZ-FAIRE definition: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
LAISSEZ-FAIRE definition | Cambridge English Dictionary
WebLAISSEZ-FAIRE meaning: 1. unwillingness to get involved in or influence other people's activities: 2. If a government is…. Learn more.
LAISSEZ FAIRE Definition & Meaning | Dictionary.com
Weblaissez-faire. French for “Let (people) do (as they choose).”. It describes a system or point of view that opposes regulation or interference by the government in economic affairs beyond the minimum necessary to allow the free enterprise system to operate according to …
Laissez-faire policies in the Gilded Age (article) | Khan Academy
WebOverview. During the Gilded Age, proponents of laissez-faire policies opposed government intervention in society or the market. Laissez-faire ideology influenced government policies toward labor relations and Reconstruction.
Laissez-faire | Encyclopedia.com
WebMay 17, 2018 · LAISSEZ-FAIRE, a French term that translates loosely as "let things alone," originated in the eighteenth century with a school of French economists, known as the Physiocrats, who opposed trade restrictions that supported older economic systems such as …
laissez-faire noun - Definition, pictures, pronunciation and usage ...
WebCheck pronunciation: laissez-faire. Definition of laissez-faire noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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