noun
- An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
- synonyms: market economy, free enterprise, private enterprise
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). laissez-faire economy. Retrieved October 2, 2026, from http://smartdefine.org/laissez-faire_economy/definitions/1290282 |
| Chicago | WordNet. 2010. "laissez-faire economy" http://smartdefine.org/laissez-faire_economy/definitions/1290282 (accessed October 2, 2026). |
| Harvard | WordNet 2010, laissez-faire economy, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/laissez-faire_economy/definitions/1290282>. |
| MLA | WordNet. "laissez-faire economy" 23 October 2010. Web. 2 October 2026. <http://smartdefine.org/laissez-faire_economy/definitions/1290282> |