free enterprise

English - Turkish

Definition of free enterprise in English Turkish dictionary: hür teşebbüs; ekon. özel girişim, hür teşebbüs
free enterprise system: hür teşebbüs jüyesi

English - English

Definition of free enterprise in English English dictionary: An economic system of buisness governed by the laws of supply and demand with minimal goverment interference, regulation, or subsidy; When business is run by people with little control by the government; freedom of private businesses to operate competitively for profit with minimal government regulation; the freedom of private businesses to operate competitively, for profit, and without government controls; An economic system based mainly on the private ownership of property and the freedom of individuals to produce, sell and buy Government plays a very small role; an economy that relies chiefly on market forces to allocate goods and resources and to determine prices; A system by which people can conduct business free of government control except for reasonable regulations made for the public good; economic system in which anyone can attempt to raise capital, form a business, and offer goods or services; Free enterprise is an economic system in which businesses compete for profit without much government control. the principle and practice of allowing private business to operate without much government control private enterprise; The ability to direct one's exertion to produce a product or perform a service and exchange that produce or service, in competition with others, in a free market, in the absence of government restriction against any activity that is not directly restricted by the people themselves in open referendum