What is another word for part unrestrained by law free trade?
Pronunciation: [pˈɑːt ˌʌnɹɪstɹˈe͡ɪnd ba͡ɪ lˈɔː fɹˈiː tɹˈe͡ɪd] (IPA) 
"Part unrestrained by law free trade" is a term used to describe the economic policy of allowing free market competition without government intervention. Synonyms for this term include laissez-faire, free market, open market, free enterprise, free competition, and deregulation. These terms refer to the notion of reducing government control over economic activity in order to promote individual economic freedom and encourage market efficiency. While this policy can lead to greater competition and innovation, it can also result in market failures and unequal distribution of wealth. Despite the potential risks, the idea of "part unrestrained by law free trade" remains a popular economic philosophy in many countries around the world. So, it is necessary to regulate this policy for economic development.
