What is free enterprise?

Define free enterprise: freedom of private business to organize and operate for profit in a competitive system without interference by government… read more

Free enterprise definition is - freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance. read more

Free enterprise is an economic system where few restrictions are placed on business activities and ownership in terms of trade and government intervention. Free enterprise is an economic system where few restrictions are placed on business activities and ownership in terms of trade and government intervention. read more

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority. read more