TeachMeFinance.com - explain Laissez-faire
Laissez-faire -- French phrase meaning "leave alone." In economics and politics, a doctrine that the economic system functions best when there is no interference by government.
laissez-faire -- the theory that government should have as little influence as possible in the nation's economy.
Laissez-faire -- A term used to describe minimal governmental involvement in an economy, allowing market forces and individuals to make their own decisions, with little or no regulation.
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