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private-enterprise

private-enterprise

1 6.1
Relating to businesses owned and run by people or companies to make profit, not the state
  • adjective
  • /ˈpraɪvɪt ˈɛnˌtɹəˌpraɪz/
translation icon : empresa privada
  • The health care system in the country heavily relies on private enterprise for its services.

Examples

  • 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.

  • Many people believe that private enterprise fosters innovation and economic growth.

Synonyms

free-enterprise
vsprivate-enterprise
2 4.7

Supporting a system where private businesses compete with little government control

emphasizes ownership by individuals or companies for profit rather than freedom from state control
privatistic
vsprivate-enterprise
8.9

Shows a focus on individual interests and personal ownership rather than shared public matters

focuses on an economic system of individual ownership for profit rather than personal interests

Antonyms

state capitalism
  • Specialized
2 6.8

An economy where the government owns or controls many businesses in a market system

How Private

private-enterprise
1 6.1
private corporation
  • Specialized
8 3.7
mixed economy
  • Specialized
2 4.1
SOE
  • Formal
1 6.7

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.