free-enterprise

free enterprise

noun
1.
an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
2.
the practice of free enterprise in an economy, or the right to practice it.
Also called private enterprise.


Origin:
1885–90

free-enterprising, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
free enterprise
 
n
an economic system in which commercial organizations compete for profit with little state control

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

free enterprise definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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