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1. (n.) laissez faire
the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.
2. laissez faire
the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
Etymology: (< F: lit., allow to act)
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| Definition of 'laissez faire' |
Princeton's WordNet |
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1. (adj) individualism, laissez faire
the doctrine that government should not interfere in commercial affairs
2. (adj) individualistic, laissez-faire(a)
with minimally restricted freedom in commerce
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| Definition of 'laissez faire' |
Webster Dictionary |
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1. laissez faire
noninterference; -- an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire; the laissez faire system government
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