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free enterprise

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the economic doctrine or practice of permitting private industry to operate under freely competitive conditions with a minimum of governmental control

See free enterprise in American Heritage Dictionary 4

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

Related Forms:

  • freeˈ-enˈter·priseˌ (frēˈĕnˈtər-prīzˌ) adjective

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Americanism

automaker

business

capitalism

economics

gnomic

private enterprise

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© 1996-2013 LoveToKnow, Corp. All Rights Reserved. Audio pronunciation provided by LoveToKnow, Corp.