free enterprise Synonyms
No Synonyms and anytonyms found
free enterprise Meaning
free enterprise (n)
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
free enterprise (s)
subscribing to capitalistic competition
free enterprise Sentence Examples
- The principles of free enterprise encourage businesses to compete for customers, resulting in lower prices and higher quality goods.
- Free enterprise systems allow individuals to start and operate businesses with minimal government interference.
- In a free enterprise economy, the price of goods and services is determined by the interaction of supply and demand.
- Free enterprise promotes innovation and economic growth by rewarding those who create new products or services.
- Government regulations and taxes can limit the free enterprise system and stifle economic activity.
- Free enterprise is often contrasted with controlled economies, where the government plays a significant role in directing the economy.
- Supporters of free enterprise believe that it fosters individual freedom, economic prosperity, and a vibrant society.
- Critics of free enterprise argue that it can lead to inequality, environmental degradation, and a lack of access to essential goods and services.
- The balance between free enterprise and government regulation is a complex and ongoing debate.
- Free enterprise has been a cornerstone of the American economic system for centuries, shaping its culture, values, and economic outcomes.
FAQs About the word free enterprise
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices, subscribing to capitalistic competition
No synonyms found.
No antonyms found.
The principles of free enterprise encourage businesses to compete for customers, resulting in lower prices and higher quality goods.
Free enterprise systems allow individuals to start and operate businesses with minimal government interference.
In a free enterprise economy, the price of goods and services is determined by the interaction of supply and demand.
Free enterprise promotes innovation and economic growth by rewarding those who create new products or services.
