noun
- An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
- synonyms: market economy, private enterprise, laissez-faire economy
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). free enterprise. Retrieved September 21, 2026, from http://smartdefine.org/free_enterprise/definitions/1277294 |
| Chicago | WordNet. 2010. "free enterprise" http://smartdefine.org/free_enterprise/definitions/1277294 (accessed September 21, 2026). |
| Harvard | WordNet 2010, free enterprise, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/free_enterprise/definitions/1277294>. |
| MLA | WordNet. "free enterprise" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/free_enterprise/definitions/1277294> |