free enterprise

noun
UK: /ˌfriː ˈentəpraɪz/
US: /ˌfriː ˈentərpraɪz/

  1. An economic system where businesses can operate freely with minimal government control.

    1. Our town thrives on free enterprise and innovation.
    2. The principles of free enterprise encourage competition and growth.

  2. A system in which private businesses are allowed to compete with each other with little government control.

    1. Free enterprise helps small businesses grow quickly.
    2. The government's role in free enterprise is to ensure fair competition.

Synonyms

capitalism free market private enterprise

Frequently Asked Questions

The word "free enterprise" in English means: An economic system where businesses can operate freely with minimal government control., A system in which private businesses are allowed to compete with each other with little government control..

The phonetic transcription of "free enterprise" is /ˌfriː ˈentəpraɪz/ in British English and /ˌfriː ˈentərpraɪz/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "free enterprise": capitalism, free market, private enterprise.

Example usage of "free enterprise": "Our town thrives on free enterprise and innovation.". More examples on the page.