Meaning Of The Word Laissez faire
What's the definition of Laissez faire? Find Laissez faire meanings, definitions and more at the Real Dictionary online.
Laissez faire Meaning
| Laissez faire Definition |
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What's The Definition Of Laissez faire?
laissez faire in American English
the policy or practice of letting people act without interference or direction; noninterference; specif., the policy of letting the owners of industry and business fix the rules of competition, the conditions of labor, etc. as they please, without governm 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 laissez faire in British English noun: the doctrine of unrestricted freedom in commerce, esp for private interests laissez-faire uncountable noun: Laissez-faire is the policy which is based on the idea that governments and the law should not interfere with business, finance, or the conditions of people's working lives. laissez-faire in American English adjective: of, pertaining to, or conforming to the principles or practices of laissez faire |
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