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Adjective: private-enterprise  'prI-vit 'en-tu(r),prIz
  1. Subscribing to capitalistic competition
    - competitive, free-enterprise
Noun: private enterprise
  1. An economy that relies chiefly on market forces to allocate goods and resources and to determine prices
    - market economy, free enterprise, laissez-faire economy

See also: capitalist, capitalistic

Type of: economic system, economy

Encyclopedia: Private enterprise