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laissez faire
Laissez faire is the theory that governments should have a very minimal regulation of commerce or that people should be able to do what they want without interference. (noun)
- An example of laissez faire are the economic policies held by capitalist countries.
- An example of laissez faire is when a homeowner is allowed to plant whatever they want to grow in their front yard without having to get permission from their city.
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See laissez faire in Webster's New World College Dictionary
See laissez faire in American Heritage Dictionary 4
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