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What does laissez faire mean?

Laissez faire definition: the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.. See examples of LAISSEZ FAIRE used in a sentence.

What does it mean if a government is laissez-faire?

If a government is laissez-faire, it does not have many laws and rules that control the buying and selling of goods and services. You can also find related words, phrases, and synonyms in the topics: Those who subscribe to absolute laissez-faire economics, or no government regulation, are sometimes referred to as economic anarchists.

What is a laissez-faire management style?

Those who subscribe to absolute laissez-faire economics, or no government regulation, are sometimes referred to as economic anarchists. If you choose a laissez-faire management style, you give your staff room to make their own decisions.

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