Answer:
Advantages of Laissez-faire:
Autonomy, Innovation, Absence of taxes.
Disadvantages of Laissez-faire:
Income inequality, Failure to represent the interest of the entire society.
Explanation:
Laissez-faire is a French phrase, which translates "leave us along" it refers to a political ideology that rejects govenment intervention in the economy. The term originated in the 18th century, during the industrial revolution
