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 | ||