study guides for every class

that actually explain what's on your next test

Laissez-faire

from class:

Intro to Political Science

Definition

Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention. It advocates for the natural regulation of markets through the laws of supply and demand.

congrats on reading the definition of laissez-faire. now let's actually learn it.

ok, let's learn stuff
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides