Replace the following underlined words with a foreign word, from the list given below.
In some advanced nations economic decisions are made free from government interference.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Laissez faire
| Word | Meaning | Example |
|---|---|---|
| (1) Lacuna | (Latin) a gap or a missing part, as in a text or an argument | The report has a serious lacuna: it gives no figures for rural areas. |
| (2) Leitmotif | (German) a theme or idea that keeps recurring in a piece of music or writing | Loneliness is the leitmotif of her novels. |
| (3) Laissez faire (answer) | a French phrase meaning "let people do as they choose", the policy of leaving economic matters free from government interference (which is what the underlined words describe) | The government followed a policy of laissez faire and let the market fix prices. |
| (4) Locus standi | (Latin) the right to be heard in a court or to bring a case | The court ruled that the petitioner had no locus standi in the matter. |