Laissez-faire (noun)

The policy or doctrine of leaving things to take their own course, without interfering.

Origin:

French, literally "let do".

Examples:

1. The government's laissez-faire approach to regulation allowed companies to act with little oversight.
2. Critics argue that a laissez-faire policy in the housing market led to the 2008 financial crisis.
3. The coach adopted a laissez-faire attitude, allowing the players to run the team themselves.
4. Some argue that a laissez-faire approach is necessary for economic growth, while others believe it leads to inequality.
5. The company's leadership style is often described as a laissez-faire approach, giving employees a lot of autonomy.