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Laissez faire is the economic policy of a free market economy, this means a lot of competition between companies and very little government intervention in the economy. 2 people found this useful. Edit.
What does this have to do with laissez-faire? With this freedom from the burden of government people strive to be the best they can be, individuals will be happier and so will society. The poor will become middle class relatively fast with laissez-faire. Laissez faire means âlet doâ translated from French or âlet it beâ.