What did Adam Smith mean by "laissez faire"

allow to do

Laissez-faire is a French phrase that translates to “allow to do.” It refers to a political ideology that rejects the practice of government intervention in an economy. ... Economic theorist Adam Smith believed that the optimal functioning of markets needed minimal government intervention.

Explanation:

laissez faire means dont interfere. it means when people are doing buisnesses, they dont want the buisseness to intefere

Explanation:

first industrial revolution - the first wave of the industrial revolution lasted from the late 1700s to the mid-1800s. it industrialized the manufacture of textiles and began the move of production from homes to factories. steam power and the cotton gin played an important role in this period.