Home > Terms > Albanian (SQ) > Laissez faire

Laissez faire

An economic theory based upon the ideas of Adam Smith, it contended that in a free economy self interest would lead individuals to act in ways that benefited society as a whole and therefore government should not intervene.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

ilirejupi
  • 0

    Terms

  • 0

    Blossaries

  • 6

    Followers

Industry/Domain: Anatomy Category: Human body

tru i vogël

The portion of the brain in the back of the head between the cerebrum and the brain stem.

Contributor

Featured blossaries

Options Terms and Definitions

Category: Business   1 20 Terms

Spirits Drinks

Category: Food   2 6 Terms