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Laissez-faire
(A French word meaning "allow to do") It is a concepts developed by French Physiocrats in 18th century as a reaction to Mercantalism. In economics, the doctrine argues that economy functions at its best when individuals are allowed to pursue their own self-interest and profit with minimum governmental interference.
Author: Zafer Yilmaz
LCL

Less Container Load or Less Than Container Load. (Logistics.) Antonym: FCL.

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