Choose from the options given below the correct meaning of the foreign word 'laissez faire'.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Free from interference
Laissez faire is a French phrase, literally "let (people) do". It means freedom from interference, especially the policy of a government that leaves trade and business to run without control.
Example: Under a laissez faire policy, the government does not fix prices.
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