What is the meaning of laissez faire?
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The Larger Meaning of China’s Crackdown on School Tutoring
According to newyorker.com, It tells the story of a young man who lands a seat at a prestigious university in Beijing and launches a wildly successful tutoring company called New Dream. The events are loosely based on the real-life journey of Michael Yu,
Laissez–faire (/ˌlɛseɪˈfɛər/ LESS-ay-FAIR; from French: laissez faire [lɛse fɛʁ] (listen), lit. ’let do’) is an economic system in which transactions between…
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Laissez–faire racism (from laissez–faire economics) is closely related to color blindness and covert racism, and is theorised to encompass an ideology…
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According to merriam-webster.com, Definition of laissez-faire 1 : a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights argued that the problem with oil prices was too much laissez-faire
According to investopedia.com, Laissez-faire is an economic theory that became popular in the 18th century. The driving principle behind laissez-faire, a French term that translates as “leave alone” (literally, “let you do …
According to dictionary.com, laissez faire laisser faire / ( ˌlɛseɪ ˈfɛə, French lese fɛr) / noun Also called: individualism the doctrine of unrestricted freedom in commerce, esp for private interests (as modifier) a laissez-faire economy indifference or noninterference, esp in the affairs of others Derived forms of laissez faire laissez-faireism or laisser-faireism, noun
According to corporatefinanceinstitute.com, Laissez-faire is a French phrase that translates to “allow to do.” It refers to a political ideology that rejects the practice of government intervention in an economy. Further, the state is seen as an obstacle to economic growth and development . The term originated in the 18 th century during the Industrial Revolution.
According to vocabulary.com, laissez faire: 1 n the doctrine that government should not interfere in commercial affairs Synonyms: individualism Type of: doctrine , ism , philosophical system , philosophy , school of thought a belief (or system of beliefs) accepted as authoritative by some group or school
According to wallstreetmojo.com, Laissez-Faire refers to an economic doctrine advocating minimum or no interference from the government in business and economic affairs. It views state intervention as a barrier to the growth and development of an economy. In short, it encourages free-market capitalism based on supply and demand.
According to verywellmind.com, Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Researchers have found that this is generally the leadership style that leads to the lowest productivity among group members. 1
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