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free enterprise Line breaks: free en¦ter|prise
Pronunciation: /fri ˈɛntəprʌɪz/

Definition of free enterprise in English:

noun

[mass noun]
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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