noun
free markets and open guilds
Historical term, abbreviation of 楽市楽座, referring to the policy of abolishing monopolistic guilds and promoting free trade, notably under Oda Nobunaga.
See also: 楽市楽座
楽座は、戦国時代に信長が推進した経済政策の一つです。
Rakuza was one of the economic policies promoted by Nobunaga during the Warring States period.
noun
sitting with soles together
A sitting posture where the soles of both feet are pressed together, often seen in casual or relaxed settings. Not a formal seiza.
子供たちは床に楽座で座ってテレビを見ていた。
The children were sitting on the floor with the soles of their feet together, watching TV.
Formal kneeling posture; 楽座 is a casual, relaxed way of sitting.
Sense 1 is an abbreviation of 楽市楽座, a historical economic term. Sense 2 is a compound of 楽 (comfort) and 座 (sitting), literally 'comfortable sitting'.