Reference meaning
free enterprise
Last updated
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Related source terms
Other meanings
2. adjective
subscribing to capitalistic competition
Source and scope
This definition is reproduced from Princeton WordNet 3.0, sense 08364959-n, under the WordNet 3.0 License. It has not yet received VocabularyBase editorial review. Read the source and license details.