Understanding the meaning of private enterprise - BoostVocab

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private enterprise

/'praɪvɪt_'ɛntər,praɪz/

Synonyms of private enterprise Antonyms of private enterprise Examples of private enterprise Usage of private enterprise Parts of private enterprise Definition that contains private enterprise Words sounding like private enterprise Explanation of private enterprise

noun
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
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Similar:

free enterprise laissez-faire economy market economy

type of:
economic system economy

Explanation of private enterprise

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