What does the term "Laissez-faire" signify?

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Is it the slogan associated with the Women's Liberation Movement?Was it Karl Marx’s call to action for the global working class?Is it a French phrase used by Adam Smith to advocate minimal government interference in economic affairs?Is it an economic principle introduced to the United States by John Maynard Keynes?

Explanation

"Laissez-faire" is a French term popularized by Adam Smith to express the idea that the government should avoid interfering in the economy, allowing free market forces to operate independently.