Online Dictionary: translate word or phrase from Indonesian to English or vice versa, and also from english to english on-line.
Hasil cari dari kata atau frase: free enterprise (0.00925 detik)
Found 2 items, similar to free enterprise.
English → English (WordNet)
Definition: free enterprise
free enterprise
n : an economy that relies chiefly on market forces to allocate
goods and resources and to determine prices [syn:
market economy
,
laissez-faire economy] [ant:
non-market economy
]
English → English (gcide)
Definition: free enterprise
free enterprise
\free enterprise\ n.
1. an economic system having predominantly private ownership
of the means of production, and relying chiefly on market
forces to allocate goods and resources and to determine
prices, and having a minimum of governmental interference
in economic decisions; also, the political doctrine
advocating such a system as the economic system of a
country. [WordNet sense 1]
Syn: market economy, laissez-faire economy.
[WordNet 1.5 +PJC]
2. The conduct of business according to the principles of the
free enterprise doctrine; the conduct of economic activity
without governmental interference.
[PJC]
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