🚫laissez-faire

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