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free enterprise Syllabification: free en·ter·prise
Pronunciation: /ˌfrē ˈen(t)ərˌprīz/

Definition of free enterprise in English:


An economic system in which private business operates in competition and largely free of state control.
Example sentences
  • Some form of free enterprise capitalist economy and some form of pluralist democracy were clearly called for.
  • Did they want socialism and nationalisation or did they prefer capitalism and free enterprise?
  • It is crucial to understand that the corruption of our banking system has nothing to do with capitalism or free enterprise at all.
Definition of free enterprise in:
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