Laissez faire
From Geography
Revision as of 09:15, 24 October 2011 by FabianBusch (Talk | contribs)
The french term laissez faire is a term used mostely in relation to economy. It describes a economic system where transactions between different actors are free from state interventions. It is a countermovement to mercantilism whereby the state or the government controls the trade relations.
Refernces --FabianBusch 11:15, 24 October 2011 (CEST)
