laissez-faire economy vs market economy

laissez-faire economy and market economy both are nouns.

Word	Noun	Adjective	Verb	Adverb
laissez-faire economy	Yes	No	No	No
market economy	Yes	No	No	No

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

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

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

laissez-faire economy (noun)	market economy (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