What is the definition of Laissez-faire economy? | Dictionary.net

LAISSEZ-FAIRE ECONOMY

\lˈe͡ɪsɛzfˈe͡əɹ ɪkˈɒnəmi], \lˈe‍ɪsɛzfˈe‍əɹ ɪkˈɒnəmi], \l_ˈeɪ_s_ɛ_z_f_ˈeə_ɹ ɪ_k_ˈɒ_n_ə_m_i]\

Definitions of LAISSEZ-FAIRE ECONOMY

2006 - WordNet 3.0
2011 - English Dictionary Database

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an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

2006 - WordNet 3.0
By Princeton University

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

2011 - English Dictionary Database
By DataStellar Co., Ltd

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