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27 July, 16:41

What is the economic and government policy of Iaissez-faire?

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  1. 27 July, 19:02
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    Laissez-faire, policy of minimum governmental interference in the economic affairs of individuals and society.

    Explanation:

    The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be - and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.
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