Meaning of FREE ENTERPRISE
Pronunciation: | | free'entur`prIz
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WordNet Dictionary |
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| Definition: | | [n] an economy that relies chiefly on market forces to allocate goods and resources and to determine prices |
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| Synonyms: | | laissez-faire economy, market economy |
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| Antonyms: | | non-market economy | |
| See Also: | | capitalism, capitalist economy, economic system, economy | |
Thesaurus Terms |
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| 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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