laissez-faire economy

Meaning of word laissez-faire economy from English dictionary with examples, synonyms and antonyms.

Meaning : An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.

Synonyms : free enterprise, market economy, private enterprise

An economy that is not a market economy.

cockroach (noun)
Any of numerous chiefly nocturnal insects. Some are domestic pests.

stethoscope (noun)
A medical instrument for listening to the sounds generated inside the body.

fruitfully (adverb)
In a productive way.

dispose (verb)
Give, sell, or transfer to another.

wear away (verb)
Cut away in small pieces.

most (adjective)
(superlative of `many' used with count nouns and often preceded by `the') quantifier meaning the greatest in number.

cut short (verb)
Interrupt before its natural or planned end.

wage increase (noun)
The amount a salary is increased.

changeover (noun)
An event that results in a transformation.

demolish (verb)
Destroy completely.

Antonym meaning