laissez-faire economy


Definition: Meaning of, laissez-faire economy in English to English dictionary.

Pronunciation: / ɪˈkɒnəmi /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
laissez-faire economy laissez-faire economies
  1. an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
    ANTONYM
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synonym
antonym