LAISSEZ-FAIRE


Meaning of LAISSEZ-FAIRE in English

lais ‧ sez-faire BrE AmE , laisser-faire /ˌleseɪ ˈfeə, ˌleɪ- $ -ˈfer/ noun [uncountable]

[ Date: 1800-1900 ; Language: French ; Origin: 'allow to do' ]

1 . the principle that the government should allow the ↑ economy or private businesses to develop without any state control or influence:

the policy of laissez-faire

laissez-faire economics/capitalism

2 . laissez-faire attitude/approach etc when you do not become involved in other people’s personal affairs

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.