free enterprise
noun [U]Definition
› an economic system in which private businesses compete with each other to sell goods and services in order to make a profit, and in which government control is limited to protecting the public and running the economyEconomics and the state of the economy
(Definition of free enterprise noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- buyer's market noun
- consumer price index noun
- deflation noun (MONEY)
- downturn noun
- economist noun
- enterprise culture noun
- GDP per capita noun
- GNI noun
- inflationary spiral noun
- macroeconomics noun
- market forces noun
- microeconomics noun
- mixed economy noun
- open-door adjective
- retail price index noun
- saturate verb (FILL)
- spending noun
- squeeze noun (LIMIT)
- stall verb (DELAY)
- underdeveloped adjective
Topic:
Economics
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