Laissez faire

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Revision as of 09:15, 24 October 2011

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)