Laissez-Faire 601 Words You Need to Know to Pass Your Exam in real context with images and synonyms for GRE and SAT candidates as a French word in English. This word is also recommended to other advanced learners of English
/ˌleɪ.seɪˈfeəʳ/ US /-ˈfer/ (adj & noun)
Definition
Adjective: encouraging free trade or free enterprise with no or little regulation or principle in the market or industry, liberal, in French it means “allow to do”, indulgent, relaxed, noninterventionist, unrestrictive, permissive, freewheeling, lax
Noun: refusal to interfere
Example
Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention. The theory of laissez-faire was developed by the French Physiocrats during the 18th century and believes that economic success is more likely the less governments are involved in business.
Source of example: https://www.investopedia.com/
Antonyms
intervention, proactive
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