free enterprise

Definition

Business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy. also called free market.

Use free enterprise in a sentence

I was such a big supporter of free enterprise because it kept the government out of it and let business work as it should.

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The local Chamber of Commerce advocated for free enterprise without the local, state, or federal government over burdening them with rules and regulstions.

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When sales for our division that made film cameras declined after the introduction of digital cameras, my boss simply shrugged and said it was free enterprise at work.

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free trade enterprise