The correct answer is OPTION 1 - Laissez-faire.
The best option to replace the underlined words is Laissez-faire.
- Lacuna means "a missing part or gap." This doesn't quite fit the meaning of the sentence, as we're not talking about something missing, but rather something being absent.
- Leitmotif is a recurring theme or idea.
- Locus standi refers to the legal right to bring a case to court.
- Laissez-faire is a French term that literally means "allow to do." It's used to describe an economic system in which the government does not interfere with the free market. This is a perfect fit for the sentence, as it describes a situation where economic decisions are made without government involvement.
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