Laissez-faire

Definitions

A policy or attitude of letting things take their own course, without interfering.

An economic theory opposing governmental interference in economic affairs beyond what is necessary to maintain peace and property rights.

Examples

The government adopted a laissez-faire approach to the economy, allowing market forces to dictate prices without interference.

The manager preferred a laissez-faire leadership style, trusting her experienced team to complete their projects without constant supervision.

Synonyms

Non-interference Free-market Hands-off approach Unrestricted Permissive

Antonyms

Interventionist Regulated Controlled Restrictive Protectionist