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
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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 The misbegotten fusions of spending and regulation and of business and government confound free enterprise and capitalism. Clyde Wayne Crews Jr., Forbes, 6 Sep. 2024 America favors respect for norms, free enterprise, and open scientific exploration. Alexander William Salter, National Review, 18 June 2024 Gulen has tried to develop a genuinely modern school of Islam that reconciles the religion with liberal democracy, scientific rationalism, ecumenism, and free enterprise… The Church Undivided Pope Benedict XVI made reaching out to other faiths and promoting Christian unity hallmarks of his tenure. Victor Gaetan, Foreign Affairs, 10 June 2024 See all Example Sentences for free enterprise 

Word History

First Known Use

1890, in the meaning defined above

Time Traveler
The first known use of free enterprise was in 1890

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 24 Nov. 2024.

Kids Definition

free enterprise

noun
: freedom of private business to operate with little regulation by the government
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