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Related to free enterprise: Free enterprise economy
The freedom of private businesses to operate competitively for profit with minimal government regulation.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Economics) an economic system in which commercial organizations compete for profit with little state control
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
1. the doctrine that a capitalist economy can regulate itself in a competitive market on the basis of supply and demand with a minimum of governmental regulation.
2. the practice of free enterprise.
free′ en′terpriser, n.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||free enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices|
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