laissez-faire economy vs free enterprise

laissez-faire economy and free enterprise both are nouns.

Word	Noun	Adjective	Verb	Adverb
laissez-faire economy	Yes	No	No	No
free enterprise	Yes	No	No	No

As nouns, laissez-faire economy and free enterprise are synonyms defined as:

laissez-faire economy and free enterprise: an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

Other synonyms of laissez-faire economy include market economy, private enterprise.

laissez-faire economy (noun)	free enterprise (noun)
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices	an economy that relies chiefly on market forces to allocate goods and resources and to determine prices