free enterprise


Also found in: Thesaurus, Financial, Idioms, Encyclopedia.
Related to free enterprise: Free enterprise economy

free enterprise

n.
The freedom of private businesses to operate competitively for profit with minimal government regulation.

free′-en′ter·prise′ adj.

free enterprise

n
(Economics) an economic system in which commercial organizations compete for profit with little state control

free′ en′terprise


n.
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.
[1885–90]
free′ en′terpriser, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.free enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine pricesfree enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
capitalism, capitalist economy - an economic system based on private ownership of capital
economic system, economy - the system of production and distribution and consumption
Translations

free enterprise

nliberalismo economico
References in periodicals archive ?
Protecting Free Enterprise: Right now, we have a debate at the national level that pushes for a socialist agenda.
Steinberg was presented with the federation's Free Enterprise Award, which honors those individuals who demonstrate superior achievement and a significant understanding of the free enterprise system.
Stephens Inc., the Little Rock financial services firm, and Economics Arkansas, an educational nonprofit, have created an umbrella Pre-K-12 program focused on free enterprise education for schools and students across the state.
I think that the depot should be used for something to benefit young people, for example a bowling alley, or, better still, for what my daughter has suggested - A free enterprise project.
Although the British people recognised the overwhelming case for a free enterprise economy based on free enterprise, private ownership, competitive trading and a property owning democracy there is a powerful case to be made of some exceptions.
The merit shop philosophy is the belief that people and companies succeed based on free enterprise principles within the free market system, which is characterized by open and fair competition and diverse participants, ABC contends.
Several new free-market centers received their first installments from the Charles Koch Foundation (CKF) in 2016, including the controversial Center for the Study of Free Enterprise at Western Carolina University (WCU).
Many textbooks on these subjects briefly address profit maximization theory but otherwise devote little attention to the nature of free enterprise capitalism (see Clarkson, Miller, and Cross 2015; Cross and Miller 2014; Ferrell, Fraedrich, and Ferrell 2012; Melvin and Katz 2014; Reed et al.
In 2015, the IFA Board of Directors voted to reinstitute the former IFA Free Enterprise Award and rename it in honor of the late Dennis Wieczorek, IFA's former general counsel and recipient of the 2014 William Rosenberg Leadership Award, the IFA Educational Foundation's highest honor.
Private sector serves us better WHEN I had the brass nerve to express a belief in free enterprise I knew for certain that someone from the left would have a go at me and it comes as no surprise that leading the pack is Bournville's resident political guru Kenneth R Jarrett (Letters, January 27).
* To associate organizations and individuals engaged in small business, in order to protect small business through the promotion of the principles of free enterprise.
The Free Enterprise Award - first presented to Sir Keith Joseph in 1975 - is given to the person judged to have made the greatest contribution to the market economy in the past year - as a businessman, journalist, academic or other intellectual.

Full browser ?