laissez-faire
The government takes a "hands off" approach to businesses
A government with a hands off or laissez-faire approach doesn't interfere with the economy and generally stays out of the citizens lives.
The government takes a "hands off" approach to businessesThe government takes a "hands off" approach to businesses.
laissez-faire
Government takes a hands off approach to business
the government takes a hands-off approach to businesses
the government takes a hands-off approach to businesses
The government takes a "hands off" approach to businesses
The government takes a "hands off" approach to businesses
The government takes a "hands off" approach to businesses
When the government takes a hands-off approach to businesses, it is referred to as "laissez-faire" economics. This philosophy advocates for minimal government intervention in the economy, allowing free markets to operate without regulatory constraints. Proponents believe this leads to greater efficiency and innovation, while critics argue it can result in negative social and economic consequences.