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Glossary > L > "Laissez Faire" Definition

Laissez Faire

An economic theory from the 18th century that is strongly opposed to any government intervention in business affairs. Sometimes referred to as "Let it be economics."

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Laissez Faire \ An economic theory from the 18th century that is strongly opposed to any government intervention in business affairs. Sometimes referred to as "Let it be economics."

Laissez Faire / an economic theory from the 18th century that is strongly opposed to any government intervention in business affairs. sometimes referred to as "let it be economics."