free enterprise

  

Definition

Business governed by the market forces of demand and supply, un-restrained by undue government interference through excessive controls and regulations. In general, a synonym for capitalism.

Use free enterprise in a sentence

  • Some economic professors harp on the fact that we wouldn't have such a robust economy without having a free enterprise within our market.

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  • When Steve was growing up, he used to think that communism was interesting, but then he got involved in business, and saw the benefits of free enterprise.

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  • Many people laud capitalism for its focus on free enterprise without all of the government interference that other financial systems are hindered by.

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