Laissez-Faire Spelling
Laissez-faire, which first showed up in an english context in the first half of the 19th century, can still mean “a doctrine opposing governmental interference in economic affairs,” but it is also. Laissez-faire, policy of minimum governmental interference in the economic affairs of individuals and society. 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. Definition of laissez-faire noun in oxford advanced learner's dictionary. 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.
As a noun, laissez faire refers to the practice of allowing people or institutions to act or behave however they want, with little or no interference or regulation. Learn definitions, uses, and phrases with laissez. Laissez faire, typically pronounced "lay-zay fair," was originally a french economic term meaning “allow to do,” as in: