Uncover the meanings of Free enterprise with AI assistance, exploring its pronunciation, meaning, synonyms, and phonetic transcription.
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Pronounce Free enterprise as F R EH EH EH N T EH R P R IY S EH.
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Continue readingan economy that relies chiefly on market forces to allocate goods and resources and to determine prices
competitive, free-enterprise(a), private-enterprise(a)(adj)subscribing to capitalistic competition
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1. Thanks to the economic system of free enterprise societies, business owners are free to make their own goods and sell them to whoever they wish.
2. Several Russians opposed free enterprise and supported bolshevism in order for businesses to be completely controlled by the government.
3. Although free enterprise is a time-honored business tradition, it’s considered crass behavior to try and bargain for all goods and services.
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