What is it called when the government takes a hands off approach to businesses?
In certain situations the term of laissez？faire is used. That
however is a term for economic policies of 18th and 19th centuries.
Currently, a better term for less government regulations can be
lower rates of taxation and less regulation when it comes to
describing economic policy.
Related Q&A：
Describe your experience explaining rules regulations policies？Oh boy, let me tell you! I have had quite a few experiences explaining rules, regulations, and policies. It can be quite a challenge, but also very rewarding. Like the time I had to explain workplace safety policies to a new batch of employees. They were confused at first, but I took it slow, used simple language, and gave real？life examples. It was so satisfying to see the light bulbs go off in their heads as they finally understood. And another time with community rules for a neighborhood event, I had to be really patient and answer all their questions. But in the end, it made everything run smoothly and everyone was happy.
