What is the opposite of laissez-faire?

What is the opposite of laissez-faire?

As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing alleged productive inefficiencies and market failures.

What is another word for laissez-faire?

What is another word for laissez-faire?

individualism indifference
laissez faire let-alone policy
for the most live and let live
part unrestrained by law free trade abstention
isolationism liberalism

What is the antonym of fare?

What is the opposite of fare?

regress backslide
retrogress decline
retrograde wane

What is opposite of de facto?

De facto means a state of affairs that is true in fact, but that is not officially sanctioned. In contrast, de jure means a state of affairs that is in accordance with law (i.e. that is officially sanctioned).

What is the opposite of a free market economy?

The opposite of a free market economy is a planned, controlled, or command economy. The government controls the means of production and the distribution of wealth, dictating the prices of goods and services and the wages workers receive.

What is dirigisme economic?

dirigisme, an approach to economic development emphasizing the positive role of state intervention. The term dirigisme is derived from the French word diriger (“to direct”), which signifies the control of economic activity by the state. Preventing market failure was the basic rationale of this approach.

What is the difference between laissez-faire and mercantilism?

Under mercantilism, the government controlled the means of production and therefore there was little to no competition. Laissez-faire capitalism introduced the idea that individuals and businesses should compete against each other and their success should be determined by the market forces of supply and demand.

What is another word for social contract?

What is another word for social contract?

code of conduct rule of law
societal agreement societal rules

What’s the difference between fair and fare?

Fare can either be a noun relating to the price charged a person to travel or a verb referring to succeeding, traveling, or eating. Fair as a noun refers to any of various large public events. Fair can also be an adverb related to impartiality or an adjective with many senses.

What is the synonym of fare?

ticket price, transport cost, price, cost, charge, fee, payment, toll, tariff, levy. 2’when they eat at home they prefer simple fare’ food, meals, board, sustenance, nourishment, nutriment, foodstuffs, refreshments, eatables, provisions, daily bread. cooking, cuisine. menu, diet, table.

What is a de jure and de facto government?

The legal and regularly constituted government of a state is. called a de jure government, while a de facto government is. one which is actually in control of political affairs in a state. or a section of a state; though it may have been set up in. opposition to the de jure government.