laissez-faire - Meaning in Kannada
laissez-faire - Meaning in Kannada
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Definitions and Meaning of laissez-faire in English
laissez-faire adjective
- with minimally restricted freedom in commerce
Synonyms
individualistic
Description
Laissez-faire is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism. As a system of thought, laissez-faire rests on the following axioms: "the individual is the basic unit in society, i.e., the standard of measurement in social calculus; the individual has a natural right to freedom; and the physical order of nature is a harmonious and self-regulating system." The original phrase was laissez faire, laissez passer, with the second part meaning "let (things) pass". It is generally attributed to Vincent de Gournay.
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What is laissez-faire meaning in Kannada?
The word or phrase laissez-faire refers to with minimally restricted freedom in commerce. See laissez-faire meaning in Kannada, laissez-faire definition, translation and meaning of laissez-faire in Kannada. Find laissez-faire similar words, laissez-faire synonyms. Learn and practice the pronunciation of laissez-faire. Find the answer of what is the meaning of laissez-faire in Kannada.
Other languages: laissez-faire meaning in Hindi
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