Definition of free enterprise Free enterprise
free en•ter•prise
We found 2 definitions of free enterprise from 2 different sources.
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What does free enterprise mean?
WordNet
Noun |
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| free enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices | ||
| market economy, private enterprise, laissez-faire economy | ||
| non-market economy an economy that is not a market economy | ||
| economic system, economy an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents" | ||
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Wiktionary 
- free enterprise (Noun)
An economic system of business governed by the laws of supply and demand with minimal goverment interference, regulation, or subsidy.
