Definitions for "free enterprise"
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.
The freedom of private businesses to operate competitively, for profit, and without government controls.
Open and competitive trading.
Keywords:  decide, sell, business, price, produce
"the system of business in which individuals are free to decide what to produce, how to produce it, and at what price to sell it."
a business with little government control back