an economic system having predominantly private ownership of the means of production, and relying chiefly on market forces to allocate goods and resources and to determine prices, and having a minimum of governmental interference in economic decisions; also, the political doctrine advocating such a system as the economic system of a country.
The conduct of business according to the principles of the free enterprise doctrine; the conduct of economic activity without governmental interference.
Business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy. also called free market. see also enterprise, Federal Trade Commission, command economy.
A system in which economic agents are free to own property and engage in commercial transactions. See laissez faire, economic freedom, .
A system of economics based on the private ownership of the means of production and enterprise management which is free and independent from state control, where the allocation of productive resources is decentralised and obeys the decisions of thousands of economic agents who act guided by their own interest. However, the State sets certain laws and regulations which regulate the action limits of private economic agents. Regulations which are not discriminated against and to which all agents should be submitted.
A euphemism (used largely by Republicans) for a system where the greedy can oppress society without restraint and where profiteers can be parasites upon the body of the nation. Nationalists want Social Justice and a Free Society, but without the tyranny of the greedy, selfish and privileged. ( Plutocracy is another word referring to unrestrained economic greed).
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Free Enterprise is a 1998 comedy/romance movie featuring William Shatner, directed by Robert Meyer Burnett and written by Mark A. Altman and Robert Meyer Burnett. The film deals with the mid-life crises of its two main protagonists, Mark and Robert, fictionalized versions of the film's director and producer/writer played by Eric Mc Cormack (of Will & Grace fame) and Rafer Wiegel.