Question

When economists use the term "laissez-faire," what economic idea are they referring to?

Answer 1

Laissez faire is french for "hands off" and the government idea reflects that. In a government that does that, they leave business to do what it wants, with few regulations. So, those people are referring to a free market, uncontrolled by the government.

Answer 2

Here is your answer:

laissez-faire=Government should not interfere with business practices
Just remember it just says that the government cannot mess with peoples businesses.

Your answer is
Government should not interfere with business practices