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What is "free enterprise"

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free enterprise
Longman Dictionary of Contemporary English
free enterprise
noun
EXAMPLES FROM CORPUS
▪ All this is being done in the name of free enterprise.
▪ But what began as an enlightened innovation has become an albatross around the neck of the free enterprise system.
▪ It was a celebration of freedom, free spirits and free enterprise.
▪ Once Marxism was a value system then capitalism and free enterprise tried to coalesce as a value system - largely unsuccessfully.
▪ The core of the neoliberal argument is the need to free enterprise and initiative from the dead hand of the state.
▪ The light is democracy and free enterprise, and that light is shining brighter and brighter in the most unusual places.
▪ We are by nature the Party of free enterprise and market economics.
▪ Yet others say free enterprise should rule and government should not interfere in the marketplace.
The Collaborative International Dictionary
free enterprise

free enterprise \free enterprise\ n.

  1. an economic system having predominantly private ownership of the means of production, and relying chiefly on market forces to allocate goods and resources and to determine prices, and having a minimum of governmental interference in economic decisions; also, the political doctrine advocating such a system as the economic system of a country. [WordNet sense 1]

    Syn: market economy, laissez-faire economy.

  2. The conduct of business according to the principles of the free enterprise doctrine; the conduct of economic activity without governmental interference.

Wiktionary
free enterprise

n. An economic system of business governed by the laws of supply and demand with minimal goverment interference, regulation, or subsidy

WordNet
free enterprise

n. an economy that relies chiefly on market forces to allocate goods and resources and to determine prices [syn: market economy, laissez-faire economy] [ant: non-market economy]

Wikipedia
Free enterprise (disambiguation)

Free Enterprise may refer to:

Free Enterprise (film)

Free Enterprise is a 1999 romantic comedy film starring Eric McCormack and Rafer Weigel, and featuring William Shatner, directed by Robert Meyer Burnett and written by Mark A. Altman and Burnett.