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What is another word for free enterprise?

Pronunciation: [fɹˈiː ˈɛntəpɹˌa͡ɪz] (IPA)

Free enterprise is a concept that is crucial to the capitalist economic system, where businesses are owned and operated by private individuals. Synonyms for free enterprise include free market, laissez-faire, free trade, open market, and private enterprise. Each of these terms emphasizes the absence of government intervention in the market, allowing individual businesses to operate freely and compete with one another. The idea is that the market will self-regulate and that competition will result in better products, lower prices, and ultimately, a more prosperous society. Advocates of free enterprise argue that it creates jobs, encourages innovation, and provides consumers with a wider range of choices.
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Synonyms for Free enterprise:

What are the hypernyms for Free enterprise?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Free enterprise?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for free enterprise?

The phrase "free enterprise" is often associated with capitalism and the concept of an open market without government intervention. However, the opposite of free enterprise is a controlled economy, in which the government has significant control over the production and distribution of goods and services. In a controlled economy, the state may set prices or dictate what products are available. Another antonym for free enterprise is a closed economy or a command economy, where the government may determine what businesses are allowed to operate and what they can produce. Such economies tend to be more common in authoritarian regimes rather than democratic societies.

What are the antonyms for Free enterprise?

  • n.

    • group
    • non-market economy
      • .

Famous quotes with Free enterprise

  • The basic rule of free enterprise: You must give in order to get.
    Scott Alexander
  • In my book I don't just demonstrate that free enterprise is the most efficient way of organizing an economy - which it is. I also show that it's an expression of American values, and, thus, that a fight for free enterprise is very much a fight for our culture.
    Arthur C. Brooks
  • The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.
    Arthur C. Brooks
  • Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government.
    Arthur C. Brooks
  • I've criticized President Bush for his failure to use his veto pen. There's plenty of blame to go around. The question is how to solve problems. It's not bailouts. What made America great? Free markets, free enterprise, manufacturing, job creation. That's how we're gonna do it, not by enlarging government.
    Scott Brown

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