VDict - Definition of laissez-faire economy

English - English (Wordnet) dictionary

laissez-faire economy

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Noun

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

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Synonyms:
market economy free enterprise private enterprise

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Words contain "laissez-faire economy" in its definition in English - English (Wordnet) dictionary:
laissez-faire economy economy laissez-faire black economy non-market economy reflate liberal market economy private enterprise free enterprise more...

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