noun
- An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
- synonyms: market economy, free enterprise, laissez-faire economy
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). private enterprise. Retrieved September 20, 2026, from http://smartdefine.org/private_enterprise/definitions/1303976 |
| Chicago | WordNet. 2010. "private enterprise" http://smartdefine.org/private_enterprise/definitions/1303976 (accessed September 20, 2026). |
| Harvard | WordNet 2010, private enterprise, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/private_enterprise/definitions/1303976>. |
| MLA | WordNet. "private enterprise" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/private_enterprise/definitions/1303976> |