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laissez-faire economy love

laissez-faire economy

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

Etymologies

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hypernyms (2)

Words that are more generic or abstract

  1. economic system
  2. economy

hyponyms (2)

Words more specific or concrete

  1. capitalism
  2. capitalist economy

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