Business or industry that is managed by independent companies or private individuals rather than by the state.
- Thus the second relevant discursive context is one of privatization and private enterprise.
- When that share is diminished by private enterprise the business is, on the whole, far more laudable than not.
- Conservatives believe in freedom, in a smaller state, in the unlimited potential of individuals and private enterprise.
For editors and proofreaders
Syllabification: pri·vate en·ter·prise
Definition of private enterprise in:
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