Answer:
True.
Explanation:
The term "laissez-faire" refers to the 'non-interference' of any power or authority in the economic or development plans of the economy. This is specifically used in the case of an economic system where the government does not involve itself and stays away from the workings of the economy.
In this policy, there is no involvement of outside authority in the decision making or development plans on how an economy runs or functions. This allows the department to work on its own rules, running its own course with no side-distractions. This also allows the businesses to grow faster, as they will be concerned with their own system with no other forces or power involved.
Thus, the correct answer is true.
