HyperDic: private_enterprise

English > 1 sense of the expression private enterprise:
NOUNgroupprivate enterprise, market economy, free enterprise, laissez-faire economyan economy that relies chiefly on market forces to allocate goods and resources and to determine prices
English > private enterprise: 1 sense > noun 1, group
MeaningAn economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
Synonymsmarket economy, free enterprise, laissez-faire economy
Narrowercapitalism, capitalist economyAn economic system based on private ownership of capital
Broadereconomy, economic systemThe system of production and distribution and consumption
Oppositenon-market economyAn economy that is not a market economy
Spanisheconomía de mercado
Catalaneconomia de mercat

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