What is the French term that implies minimal government intervention in economic affairs?

The term "Laissez-faire" is a French expression that translates to "let do" or "let go," and it encompasses the economic philosophy suggesting that minimal government intervention should be present in economic affairs. This concept is rooted in classical liberal economics, where the belief is that free markets, guided by individual self-interest, lead to more efficient outcomes and overall economic prosperity.

The principle of laissez-faire posits that individuals and businesses should operate freely without excessive regulation or interference from the government. Supporters argue that such an environment encourages competition, innovation, and wealth creation.

On the other hand, the other terms presented do not convey the same idea of limited government in economic practice. For example, "Déjà vu" refers to the feeling of having experienced something before, which is not related to economics. "Égalité" means equality, particularly in the context of rights and social status, while "Liberté" translates to liberty or freedom, broader concepts that may not specifically address the nuances of government intervention in economic matters. Thus, "Laissez-faire" distinctively captures the essence of minimal government involvement in the economy.