free enterprise
- noun
- /fri ˈɛn.tɚ.prɪs/
- In a free enterprise economy, prices are determined by competition, not by the government.
- free enterprise system
- free enterprise model
- free enterprise economy
We went from almost pure free enterprise and we've been gradually introducing socialism.
- We went from almost pure free enterprise and we've been gradually introducing socialism.
- See, telling Google and Apple to ban TikTok probably won't work given the free enterprise market that we have in America.
- We were devoted to economically, you know, free enterprise system, political freedoms here.
- But the idea that yes, somewhat free enterprise system.
- And the last thing that the these free enterprise monetary people wanted was the idea that governments could create money.
- He's in fact saying that the free enterprise system has invaded the spatial property of a complex city and reduced it to Baroness.
Examples
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We invented the free enterprise system where anybody, no matter who he was, where he came from, what class he belonged to, if he came up with a better idea about anything, there's no limit to how far he could go.
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That's what capitalism is: a system of free enterprise.
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This is an attack on the free enterprise system.
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Engaging in the American free enterprise system.
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Free enterprise, dude, is the basis of Western democracy.
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Radical criticism of the free enterprise system has, for the most part, followed the same general line.
Academic text (1990) -
Charges of market failure constitute one important type of efficiency criticism of the free enterprise system.
Academic text (1990) -
Time and again, philosopher-critics of the free enterprise system have failed to do this.
Academic text (1990) -
In the same vein, Eastern Europe can be viewed as moving toward a free enterprise zone.
Academic text (1992) -
South Africa, unfortunately, faces formidable barriers to the establishment of a free enterprise society based on private rights.
Academic text (1992)
Synonyms
A system where people or companies own businesses and property to make money
A system where people and businesses buy and sell goods and prices are set by supply and demand
Businesses owned and run by people or companies, not the government
An economic system where private people or companies own businesses and try to make money
An economy where businesses operate with little government control
Antonyms
- Specialized
An economy where the government owns or controls many businesses in a market system
How Free
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly built from 'free' (without constraints) modifying 'enterprise' (a business or commercial organization), so a learner who knows both words can infer an economic system where businesses operate with limited state control. This is a straightforward modifier+noun composition and corresponds to a common cross-linguistic concept, making it immediately comprehensible to a B1 learner.
Etymology
Free enterprise comes from a simple picture: free means 'not controlled' and enterprise means a business, so it describes businesses set free to act and compete. That's why it means 'private businesses' operating with little government control.