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free enterprise
[ free en-ter-prahyz ]
noun
- 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.
- the practice of free enterprise in an economy, or the right to practice it.
free enterprise
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 .
Other 51Թ Forms
- ڰ-·ٱ··Բ adjective
51Թ History and Origins
Origin of free enterprise1
Idioms and Phrases
Also, private enterprise . An undertaking on one's own behalf, especially a shady or illegal one. For example, The city treasurer didn't bother with competitive bids; the spirit of free enterprise just led him to his brother-in-law , or The sergeant indulged in a little private enterprise, selling cigarettes on the black market . This sarcastic application of a term that has meant, since about 1885, the freedom of private businesses to operate competitively for profit with a minimum of government control, dates from the mid-1900s.Compare Meanings
How does free enterprise compare to similar and commonly confused words? Explore the most common comparisons:
Example Sentences
Richardson’s biggest supporters were businesses, including PACs funded by oil companies, and law enforcement associations that said they advocated for candidates who shared their beliefs on free enterprise and public safety.
In announcing Cameron’s hiring, its founder, Nathan Estruth, said: “I simply cannot imagine a more capable and qualified chief executive to help us safeguard free exercise, free speech and free enterprise.”
“And in 2010, Chief Justice Roberts explained in free enterprise that people don’t vote for officers of the United States.”
Mr. Pence, however, is hoping primary voters will return to principles of limited government, free enterprise, fiscal responsibility, and traditional values popularized by his political hero, Mr. Reagan.
So let's hear it for digital "free enterprise."
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Related 51Թs
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
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