Tools: Learn New Words | Secure Password Generator | Startup Tools | File Uploader | PDF Generator

Laissez-faire Economy (Noun)

Meaning

An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.

Classification

Nouns denoting groupings of people or objects.

Synonyms

  • Market Economy
  • Free Enterprise
  • Private Enterprise

Hypernyms

  • Economic System
  • Economy

Hyponyms

  • Capitalism
  • Capitalist Economy
  Copyright © 2026 Socielo Tech. All Rights Reserved. | Privacy Policy | Terms of use