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. Did you know?
TheliteraltranslationoftheoriginalFrenchterm'laissez-faire'is'letit/themdo'or'allowtodo'.Itistakenas'letitbe',orinterpretedaslettingthingsstayastheyare.Therefore,laissez-faireisalsoknownasfree-trade,free-marketcapitalism,non-intervention,orsimplynon-interferenceofthegovernment. WhatisLaissez-faireCapitalism? L...