অবাধ নীতি;
laissez faire definition
A doctrine advocating minimal government intervention in economic affairs.
laissez faire শব্দটির synonyms বা প্রতিশব্দ
laissez faire Example in a sentence
The government adopted a laissez-faire approach, allowing businesses to operate without excessive regulation.
Under a laissez-faire economic system, the market determines prices, resources, and production levels.
Proponents of laissez faire believe that government intervention stifles innovation and limits economic growth.
Adam Smith, the father of economics, espoused the principles of laissez faire in his seminal work “The Wealth of Nations.”
Laissez faire policies have been embraced by conservative governments seeking to promote economic freedom.
Critics of laissez faire argue that it can lead to market failures, including monopolies and environmental degradation.
In a laissez-faire society, the government plays a minimal role in providing social welfare programs.
Laissez-faire principles have influenced economic policies in countries like the United States and the United Kingdom.
The extent to which governments adopt laissez-faire varies, influenced by factors such as economic conditions and political ideology.
Laissez-faire remains a controversial economic concept, with proponents and critics continuing to debate its merits and drawbacks.