Much of the air traffic at that time [translate] aYou may have heard the term laissez-faire to describe a kind of economic or political policy. It means to leave alone and not interfere. It was first used in France in the eighteenth century. [translate] ...
The term laissez-faire has traditionally been used to describe the state's reluctance to interfere in industrial and social activity. Bentham, J. S. Mill and Smiles emphasised government's role to be to rule rather than legislate, but the first broadside to mercantilism was delivered by Adam ...
The phrase aa laissez-faire approachw (in Paragraph 2)most probably refers to. A. denying them what they need B. controlling children in a flexible way C. developing a keen interest in children D. letting children do whatever they want ...
Adj.1.laissez-faire- with minimally restricted freedom in commerce individualistic capitalistic,capitalist- favoring or practicing capitalism Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc. laissez-faire ...
Laissez Faire Economics The term ''laissez faire'' comes from the French language, and it means ''to leave alone.'' The term has been applied to economics and is the primary tenet of capitalism and a free market economy. Answer and Explanation: ...
much as shepherds of tribal confederacies were left alone by their leaders. In the multiplicity of small-scale local egalitarian or quasi-egalitarian organizations for fellowship, worship, and production that flourished in this laissez-faire environment, individuals could interact with one another within...
laissez faire (ˌlɛseɪ ˈfɛə; French lese fɛr) or laisser faire n 1. (Government, Politics & Diplomacy) a. Also called: individualism the doctrine of unrestricted freedom in commerce, esp for private interests b. (as modifier): a laissez-faire economy. 2. indifferenc...
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers. However, a more inclusive definition should include any vo...
The end of laissez faire : the economic consequences of the peace John Maynard Keynes (Great minds series, Economics) Prometheus Books, 2004 : pbk KJ Maynard - 《John Maynard Keynes》 被引量: 0发表: 2013年 The Economic Consequences of Noise Traders The claim that financial markets are efficie...
The term "invisible hand" first appeared in Adam Smith's famous work "The Wealth of Nations" to describe how free markets can motivate individuals, acting in their own self-interest, to produce what is societally necessary. Key Takeaways The invisible hand is a metaphor for how, in a fr...