Question

 Laissez Faire doctrine

26 Jul 2025
Answer :
Word Count : 308
The doctrine of *laissez-faire*, a French term meaning "let do" or "let it be," was a central tenet of classical liberal economic theory that emerged prominently in Europe during the 18th and 19th centuries. Rooted in Enlightenment thought, it emphasized minimal government interference in the economic affairs of individuals and businesses. Thinkers like Adam Smith, whose seminal work *The Wealth of Nations* (1776) laid the intellectual foundation for this doctrine, argued that the free market, guided by ____ _________ _____ _________ _________ ___ _____ ___.
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