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Meaning of FREE ENTERPRISE

Pronunciation:  free'entur`prIz

 
WordNet Dictionary
 
 Definition: 
[n]  an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
 
 Synonyms: laissez-faire economy, market economy
 
 Antonyms: non-market economy
 
 See Also: capitalism, capitalist economy, economic system, economy

 

 

Thesaurus Terms
 
 Related Terms: autarky, bimetallism, bourgeois, capitalism, capitalist, capitalistic system, economic self-sufficiency, finance capitalism, free competition, free economy, free trade, free-enterprise economy, free-enterprise system, governmentalism, individualism, individualistic, isolationism, laissez-aller, laissez-faire, laissez-faireism, let-alone policy, let-alone principle, liberalism, line, localism, managed currency, noninterference, nonintervention, nonsocialistic, nullification, party line, party principle, planned economy, policy, polity, position, price supports, private enterprise, private ownership, private sector, private-enterprise, protection, protectionism, public policy, pump-priming, rugged individualism, sectionalism, self-regulating market, state capitalism
 

 

 

 

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