English noun: private enterprise | |||
1. | private enterprise (group) an economy that relies chiefly on market forces to allocate goods and resources and to determine prices | ||
Synonyms | free enterprise, laissez-faire economy, market economy | ||
Broader (hypernym) | economic system, economy | ||
Narrower (hyponym) | capitalism, capitalist economy | ||
Antonyms | non-market economy | ||