Word of the Day (laissez-faire)-27OCT21

Word of the Day (laissez-faire)-27OCT21

Today’s “Word of the Day” is laissez-faire and it is a noun (as modifier) meaning “French phrase literally means “allow to do or let do”; “leave it alone” without government’s intervention; free enterprise, private enterprise, free trade, non-intervention, free-market capitalism, private ownership, deregulation”.

Example Sentence: The idea of ‘bubbles of trust’ offers a cautious middle path between the extremes of technological sovereignty and laissez-faire globalisation. Unlike trading blocs, which tend to be insular and exclusive, bubbles tend to expand organically, attracting new partners that share values, interests and economic complementarities. 

Word of the Day (laissez-faire)-27OCT21

This word is present in The Hindu article A ‘bubbles of trust’ approach and click here to read it.

Courtesy: The Hindu

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