Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun laissez-faire_economy

1 sense of laissez-faire economy

Sense 1
market economy, free enterprise, private enterprise, laissez-faire economy -- (an economy that relies chiefly on market forces to allocate goods and resources and to determine prices)
       => economy, economic system -- (the system of production and distribution and consumption)