'free enterprise' definitions:
Definition of 'free enterprise'
(from WordNet)
noun
An economy that relies chiefly on market forces to allocate goods and resources and to determine prices [syn: market economy, free enterprise, private enterprise, laissez-faire economy] [ant: non-market economy]
Definition of 'free enterprise'
From: GCIDE
- free enterprise \free enterprise\ n.
- 1. an economic system having predominantly private ownership of the means of production, and relying chiefly on market forces to allocate goods and resources and to determine prices, and having a minimum of governmental interference in economic decisions; also, the political doctrine advocating such a system as the economic system of a country. [WordNet sense 1]
- Syn: market economy, laissez-faire economy. [WordNet 1.5 +PJC]
- 2. The conduct of business according to the principles of the free enterprise doctrine; the conduct of economic activity without governmental interference. [PJC]
Synonyms of 'free enterprise'
From: Moby Thesaurus
- autarky,
- bimetallism,
- bourgeois,
- capitalism,
- capitalist,
- capitalistic system,
- economic self-sufficiency,
- finance capitalism,
- free competition,
- free economy,
- free trade,
- free-enterprise economy,
- free-enterprise system,
- governmentalism,
- individualism,
- individualistic,
- isolationism,
- laissez-aller,
- laissez-faire,
- laissez-faireism,
- let-alone policy,
- let-alone principle,
- liberalism,
- line,
- localism,
- managed currency,
- noninterference,
- nonintervention,
- nonsocialistic,
- nullification,
- party line,
- party principle,
- planned economy,
- policy,
- polity,
- position,
- price supports,
- private enterprise,
- private ownership,
- private sector,
- private-enterprise,
- protection,
- protectionism,
- public policy,
- pump-priming,
- rugged individualism,
- sectionalism,
- self-regulating market,
- state capitalism