laissez-faire economy

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

laissez-faire economy noun

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.

non-market economy

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चर्चित शब्द

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Social relations involving intrigue to gain authority or power.

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Indian statesman and leader with Gandhi in the struggle for home rule. Was the first prime minister of the Republic of India from 1947 to 1964 (1889-1964).

laissez-faire economy noun

Antonym meaning

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