Question

what is laissez faire economy

Answer 1

it is an economic environment in which transactions between private people are free from government restrictions,terffis and subsidies with only enough restrictions to protect property rights.the word laissez faire economy is derived fromfrench and literraly mean let them do or let it be

Answer 2

An economy that relies chiefly on market forces to allocate goods and resources and to determine prices is laissez faire economy....