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Definitions and Synonyms of laissez-faire economy | Another word for laissez-faire economy | What is laissez-faire economy?

Definition 1: an economy that relies chiefly on market forces to allocate goods and resources and to determine prices - [noun denoting group]

Synonyms for laissez-faire economy in the sense of this definition

(laissez-faire economy is a kind of ...) the system of production and distribution and consumption

(... is a kind of laissez-faire economy ) an economic system based on private ownership of capital

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