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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.
Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which. leaders are hands-off and allow group members to make the decisions. Researchers have found that this. is generally the leadership style that leads to the lowest productivity among group members.