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1 vote
When economists use the term "laissez-faire," what economic idea are they referring to?

2 Answers

7 votes
Laissez faire is french for "hands off" and the government idea reflects that. In a government that does that, they leave business to do what it wants, with few regulations. So, those people are referring to a free market, uncontrolled by the government.
User Luke Sleeman
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4 votes
Here is your answer:

laissez-faire=Government should not interfere with business practices
Just remember it just says that the government cannot mess with peoples businesses.

Your answer is
Government should not interfere with business practices
User Bdristan
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7.7k points