laissez-faire

An economy or market with no regulation or restrictions on how the said market operates, thus allowing the most efficient allocation of a resources in an economy. The laissez-faire or 'market system' is the unplanned capitalist economic system. The extreme opposite is N.Korea, Cuba, China etc.
On this page, you will find 30 slang terms related to laissez-faire. Some of the top words include: capitalist, communism, laissez-faire, no comptin, communism, and 25 more.