Economy, asked by SushilKesarwani2929, 1 year ago

Write about Laissez faire in detail.

Answers

Answered by ssasi3116
0
laissez faire means non intervention by the government
Answered by rizwannizarudin
2

Laissez-faire is an economic theory from the 18th century that opposed any government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be – and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.


Similar questions