A liquid-crystal display device having a polarizing element, an optical element, a polarized light supply unit, and liquid-crystal cells. The polarizing element has a function of separating natural light into reflected or transmitted light composed of polarized light, wherein a half-reflecting wavelength in each position in a surface of the polarizing element ranges within ±10 nm relative to a half-reflecting average wavelength when the half-reflecting wavelength is a wavelength which is located at a long or short wave side of a wavelength exhibiting maximum reflectivity on the basis of a spectrum of reflected light in a predetermined wave range in which the natural light is separated into the reflected light and the transmitted light, and which exhibits reflectivity of 50% with respect to the maximum reflectivity, and the half-reflecting average wavelength is an average of half-reflecting wavelengths in the surface. The optical element has a laminate of the polarizing element and an absorption type polarizing plate. The polarized light supply unit has a surface light source provided with a reflection layer, and either one of the polarizing element and the optical element disposed above the surface light source. The liquid-crystal cells are disposed on the light output side of the polarized light supply unit.