Search results
- DictionaryEn·ter·prise/ˈen(t)ərˌprīz/
noun
- 1. a project or undertaking, typically one that is difficult or requires effort: "a joint enterprise between French and Japanese companies"
- 2. a business or company: "a state-owned enterprise"
The meaning of FREE ENTERPRISE is freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.
May 22, 2024 · Free enterprise refers to business activities that are not regulated by the government but are defined by a set of legal rules such as property rights, contracts, and competitive bidding.
Free enterprise is an economic system based upon a free and open market for anyone who wants to fill a demand. Capitalists pursue profit. They do this by deploying privately owned capital assets, such as factories and mines, and employing labor to earn profits for themselves.
Nov 28, 2023 · Free enterprise is a dynamic economic system that empowers individuals and businesses to create, innovate, and thrive. It is based on the principles of private ownership, competition, and limited government intervention.
FREE ENTERPRISE meaning: 1. an economic system in which private businesses compete with each other to sell goods and…. Learn more.
May 23, 2018 · Free enterprise refers to an economy that allows private businesses the freedom to organize and operate competitively for a profit without government interference, regulation, or subsidy.
Free enterprise definition: 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..
