laissez-faire economy Laissez faire • laissez-faireism · · · Info · Definitions · Synonyms · Characters · · laissez-faire economy · · Text Common · · Latin · · Scripts 21 · · Length 7 · · Syllables Definitions · · · (noun) an economy that relies chiefly on market forces to allocate goods and resources and to determine prices. Synonyms: market economy, free enterprise, private enterprise, laissez-faire economy. · · Noun Definition 1 Synonyms · · · market economy · · Synonym 1 free enterprise · · Synonym 2 private enterprise · · Synonym 3 Characters · · space U+0020 - hyphen-minus U+002D a latin small letter a U+0061 c latin small letter c U+0063 e latin small letter e U+0065 f latin small letter f U+0066 i latin small letter i U+0069 l latin small letter l U+006C m latin small letter m U+006D n latin small letter n U+006E o latin small letter o U+006F r latin small letter r U+0072 s latin small letter s U+0073 y latin small letter y U+0079 z latin small letter z U+007A