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free enterprise
noun
: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance
Examples of free enterprise in a Sentence
Recent Examples on the Web
But as the Times pointed out, this whole thing has its roots and the time to build, free enterprise thinking.
—Lauren Goode, WIRED, 21 Nov. 2024
The award is given each year to a business leader who embodies and exemplifies the ideals of free enterprise.
—Miles Socha, WWD, 20 Nov. 2024
Trump should bring down the guillotine on crony capitalism in favor of the Thomas Edisons who build a better mousetrap in a free enterprise landscape.
—Armstrong Williams, Baltimore Sun, 18 Nov. 2024
A lot of advocates for special economic zones also point to Shenzhen, the city in southern China where such a region was established in the 1980s when the Chinese government was experimenting with capitalism and free enterprise.
—Joshua Keating, Vox, 7 Dec. 2018
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Word History
First Known Use
1890, in the meaning defined above
Dictionary Entries Near free enterprise
Cite this Entry
“Free enterprise.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20enterprise. Accessed 3 Dec. 2024.
Kids Definition
free enterprise
noun
: freedom of private business to operate with little regulation by the government
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