Definition of free enterprise in English:

free enterprise

noun

  • An economic system in which private business operates in competition and largely free of state control.

    • ‘The idea of free enterprise is that everyone gets a chance, and no single industry or group of producers enjoys special privileges.’
    • ‘Protecting the emergence of private markets and free enterprise would be far more beneficial.’
    • ‘Did they want socialism and nationalisation or did they prefer capitalism and free enterprise?’
    • ‘It came across as a victory of state control over private free enterprise.’
    • ‘He believes in planning rather than the spontaneous order of markets and free enterprise.’
    • ‘They've managed to do it by bumbling their way through a free enterprise system they haven't fully grasped.’
    • ‘Nor can supporters of the free market dismiss these enduring economic problems, and blame them on a lack of free enterprise.’
    • ‘And this government policy-making is exactly the reverse of free enterprise.’
    • ‘And in the absence of government control of either floor or ceiling prices we have price competition or free enterprise.’
    • ‘That's known in some circles as free enterprise or capitalism.’
    • ‘He poses as the heroic defender of free enterprise besieged by ‘red’ judges and communist apparatchiks.’
    • ‘It is crucial to understand that the corruption of our banking system has nothing to do with capitalism or free enterprise at all.’
    • ‘Critics of free enterprise have set their sights on business schools, blaming them for recent corporate scandals.’
    • ‘Indeed, questions of the relationships between liberalism and free enterprise or capitalism have long been debated.’
    • ‘Such intervention has uncomfortably co-existed with notions of free enterprise and market efficiency.’
    • ‘The bottom line of business in a free enterprise system is money.’
    • ‘The truth is that dramatic as they may be, rail crashes rarely shed light on the true nature of the industry, far less on debate between free enterprise and state control.’
    • ‘What remained of the guild system was swept away in the name of free enterprise and repressive legislation choked the beginnings of the trade union movement.’
    • ‘The business community is based on competition and free enterprise.’
    • ‘Some form of free enterprise capitalist economy and some form of pluralist democracy were clearly called for.’

Pronunciation

free enterprise

/ˌfri ˈɛn(t)ərˌpraɪz//ˌfrē ˈen(t)ərˌprīz/