Pronunciation: /fri ˈɛntərˌpraɪz/
noun an economic system in which private business operates in competition and largely free of state control.
A1 Free enterprise allows individuals to start their own businesses.
A2 In a free enterprise system, competition drives innovation.
B1 Many countries promote free enterprise as a way to stimulate economic growth.
B2 Entrepreneurs thrive in a free enterprise environment where they can pursue their ideas.
C1 Government regulations can sometimes hinder the principles of free enterprise.
C2 The concept of free enterprise is deeply ingrained in capitalist societies.
adjective not under the control or in the power of another; able to act or be done as one wishes.
A1 Free enterprise businesses can set their own prices.
A2 In a free enterprise system, individuals are free to start their own businesses.
B1 Free enterprise economies promote competition and innovation.
B2 Many countries around the world have adopted free enterprise principles in their economic policies.
C1 The concept of free enterprise is often debated in discussions about economic theory.
C2 Entrepreneurs thrive in free enterprise environments where they can pursue their business ideas without government interference.
formal Free enterprise allows individuals to freely engage in economic activities without government interference.
informal In a free enterprise system, people can start their own businesses and compete in the market.
slang You gotta love the opportunities that come with free enterprise, man.
figurative The artist's creativity flourished in the free enterprise of his own mind.
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