laissez-faire — meaning in English
Finnish → English · translate English → Finnish instead
English meaning
- laissez-faire noun The principle that governments should interfere as little as possible in business and the economy, leaving markets to regulate themselves.
Senses
laissez-faire is used for these senses in English:
- laissez faire (economics, politics) Practicing or representing governmental noninterference, or minimal interference, especially in economic affairs; pertaining to free-market capitalism.
laissez-faire — full definition
- noun The principle that governments should interfere as little as possible in business and the economy, leaving markets to regulate themselves.
- adjective Deliberately hands-off; allowing people to act as they choose with little supervision or control.