Free Enterprise (noun) Definition, Meaning & Examples

noun
  1. an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
  2. the practice of free enterprise in an economy, or the right to practice it.
noun
  1. an economic system in which commercial organizations compete for profit with little state control
Free Enterprise (noun) Definition, Meaning & Examples

More Definitions