- Anonymous10 years agoFavorite Answer
the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.Source(s): Dictionary
- RainLv 710 years ago
In economics, laissez-faire describes an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.
- Anonymous10 years ago
Leave us alone.
In politics, it means the government leaves the individual and small business alone to do their own thing.