Laissez-faire is an economic principle advocating minimal government intervention in markets, allowing free competition and individual entrepreneurship to drive economic growth. Judicial review, on the other hand, is the power of courts to assess the constitutionality of legislative and executive actions, ensuring that laws align with constitutional principles. Together, these concepts promote a balance between economic freedom and the protection of individual rights by enabling a system of checks and balances within governance. This dynamic fosters an environment where both economic and legal frameworks can operate effectively.
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