Laissez-Faire Meaning

The meaning of laissez-faire is a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights. Laissez-faire (/ ˌlɛseɪˈfɛər / less-ay-fair, from french: Laissez faire [lɛse fɛːʁ] ⓘ, lit.

Uk / ˌleɪ.seɪˈfeə r/ us / ˌleɪ.zeɪˈfer / / ˌlɑː.zeɪˈfer / if a government or organization has laissez-faire policies, it does not have many laws and rules that control the buying and selling of goods and. Laissez-faire, policy of minimum governmental interference in the economic affairs of individuals and society. Laissez-faire is the policy which is based on the idea that governments and the law should not interfere with business, finance, or the conditions of people's working lives.

Laissez-faire refers to an economic doctrine advocating minimum or no interference from the government in business and economic affairs. Aug 13, 2025laissez-faire, an 18th-century economic theory, firmly rejects government intervention in business. Jan 3, 2026laissez faire (comparative more laissez faire, superlative most laissez faire) (economics, politics) practicing or representing governmental noninterference, or minimal.

Definition of laissez-faire noun in oxford advanced learner's dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Laissez-faire refers to an economic philosophy that advocates for minimal government interference in the economy.

The phrase “laissez-faire” originates with the french physiocratic.