an economic system in which transactions between private parties are free from government interference

Further back, the 15th Century concept of Laissez-Faire is an economic system in which transactions between private parties are free from government interference.

a philosophy that supports minimal government interference in the economy

Laissez faire is a philosophy that supports minimal government interference in the economy.

a more extensive form of free-market economy where the role of the state is limited to protecting property rights and enforcing contracts

Laissez-faire is a more extensive form of free-market economy where the role of the state is limited to protecting property rights and enforcing contracts.

a French expression which comes from “let alone

Laissez-faire is a French expression which comes from “let alone.”

a French expression that translates to “let do” in English

Laissez-faire is a French expression that translates to “let do” in English.

a French term ' meaning to let people do as they please

Laissez-faire is a French term meaning 'to let people do as they please.'

an example of a deregulated economic environment in which transactions between private parties are free from government restrictions, tariffs, and subsidies, with only enough regulations to protect property rights

Laissez-faire is an example of a deregulated economic environment in which transactions between private parties are free from government restrictions, tariffs, and subsidies, with only enough regulations to protect property rights.

an economic theory originating in the 18th century which is against government interference

Laissez-faire is an economic theory originating in the 18th century which is against government interference.