laissez-faire Synonyms
No Synonyms and anytonyms found
laissez-faire Meaning
laissez-faire Sentence Examples
- The government adopted a laissez-faire approach to the economy, allowing market forces to dictate outcomes without intervention.
- The laissez-faire policy of the 19th century led to economic growth and innovation but also resulted in significant social disparities.
- Laissez-faire economics is based on the belief that the market is self-regulating and that government intervention should be minimal.
- Critics of laissez-faire argue that it can lead to market failures, such as monopolies and environmental degradation.
- In a laissez-faire system, individuals are free to make their own economic decisions, including what to produce, how to produce it, and how much to sell it for.
- The laissez-faire ideology has been influential in shaping economic policies in many countries, including the United States and the United Kingdom.
- Supporters of laissez-faire believe that it promotes economic growth, innovation, and efficiency.
- Opponents of laissez-faire argue that it can lead to inequality, environmental damage, and economic instability.
- The laissez-faire approach to governance is often contrasted with interventionist or Keynesian economics, which advocate for government intervention in the economy to promote economic stability and growth.
- Some governments have adopted a laissez-faire approach to social issues, such as drug use or prostitution, while taking a more interventionist stance on economic matters.
FAQs About the word laissez-faire
No synonyms found.
No antonyms found.
The government adopted a laissez-faire approach to the economy, allowing market forces to dictate outcomes without intervention.
The laissez-faire policy of the 19th century led to economic growth and innovation but also resulted in significant social disparities.
Laissez-faire economics is based on the belief that the market is self-regulating and that government intervention should be minimal.
Critics of laissez-faire argue that it can lead to market failures, such as monopolies and environmental degradation.
