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  1. Dictionary
    En·ter·prise
    /ˈen(t)ərˌprīz/

    noun

  2. May 15, 2024 · 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.

  3. 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.

  4. FREE ENTERPRISE meaning: 1. an economic system in which private businesses compete with each other to sell goods and…. Learn more.

  5. 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.

  6. noun. an economic system in which commercial organizations compete for profit with little state control. free enterprise. The freedom of private businesses to operate competitively for profit with minimal governmental regulation.

  7. 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. The main characteristics of a free enterprise economy are market competition, generation of profit, and the law of supply and demand.

  8. FREE ENTERPRISE definition: 1. an economic system in which private businesses compete with each other to sell goods and…. Learn more.

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