Active government intervention
laissez-faire laissez-faire
To do nothing.
The government's policy concerning religion has a laissez faire quality.His laissez-faire attitude shows how little he cares about life.The laissez faire policies of Coolidge and the Republicans are often blamed for the Great Depression.The mayor seemed to take a laissez faire attitude toward the casinos in his town.
There is little government regulation of business.
The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.
Businesses operate in a purely free marketA policy of not interfering.
Businesses operate in a purely free marketA policy of not interfering.
The laissez faire policies favored the business and factory owners at the expense of workers.business owners
Laissez-faire
Laissez-faire
Active government intervention
Laissez faire is the economic policy of a free market economy, this means a lot of competition between companies and very little government intervention in the economy.