private-enterprise
- adjective
- /ˈpraɪvɪt ˈɛnˌtɹəˌpraɪz/
- The health care system in the country heavily relies on private enterprise for its services.
Examples
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How can the former, or anyone else for that matter, naturally take over the latter, as occurs every day under private enterprise?
Blog text (10) -
As everyone is being reminded, and appropriately so, Romney's on record as saying that it would be "immoral" for the government to be involved in disaster relief, that this is more appropriately a state-level (or, ideally, a private-enterprise) function.
Blog text (15) -
In a private enterprise, businesses operate independently to maximize their profits.
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Many people believe that private enterprise fosters innovation and economic growth.
Synonyms
Supporting a system where private businesses compete with little government control
Shows a focus on individual interests and personal ownership rather than shared public matters
Antonyms
- Specialized
An economy where the government owns or controls many businesses in a market system
How Private
- Specialized
- Specialized
- Formal
Surface Forms
Morphology
private-enterprise = private + enterprise (transparent) = private + enterprise
Meaning is directly and predictably derived from 'private' + 'enterprise' (businesses owned by private individuals rather than the state).
Etymology
Private-enterprise comes from two parts: private, from a Latin word meaning 'for oneself', and enterprise, which originally meant 'a project you take on'. So, private-enterprise describes businesses 'owned and run' by individuals or companies rather than by the state.