Lexic.us

Definition of Free enterprise

1. Noun. An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.

Definition of Free enterprise

1. Noun. An economic system of buisness governed by the laws of supply and demand with minimal goverment interference, regulation, or subsidy ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Free Enterprise

Literary usage of Free enterprise

Below you will find example usage of this term as found in modern and/or classical literature:

1. Economics: An Introduction for the General Reader by Henry Clay (1918)
"The place of free enterprise in the organization of production can be realized only by comparing the present system with the so-called " system of monopoly ..."

2. Principles of Economics by Alfred Marshall (1895)
"And yet the time at which free enterprise was showing itself in an unnaturally harsh form, was the very time in which economists were most lavish in their ..."

3. Science by American Association for the Advancement of Science (1883)
"JAMES W. MILLER Tektite 2, Room 5122, Department of the Interior, Washington, DC 20240 Our free enterprise System The intemperate language and specious ..."

4. Papers and Proceedings of the Annual Meeting by American Economic Association (1918)
"Social economic values are values which the group enforces, under a system of free enterprise, by profits and losses, by riches and bankruptcy. ..."

5. The Economic Review by Christian Social Union (Great Britain), Oxford University Branch (1906)
"... most if not all economists, that "free enterprise" comprises not merely freedom to produce goods, but freedom to exchange those goods when produced. ..."

6. Transactions of the Commonwealth Club of California by Commonwealth Club of California (1903)
"Would Eventually Eliminate free enterprise To go further and have the State, ... There is nothing left of free enterprise except the right to chop down the ..."

7. Journal of the Society of Arts by Society of Arts (Great Britain) (1866)
"In the extent to w'hich it was a monopoly, its powers were controlled by the legislature ; to the extent to which it was free enterprise, the shareholders ..."

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