What is another word for Private Enterprise?
Pronunciation: [pɹˈa͡ɪvət ˈɛntəpɹˌa͡ɪz] (IPA) 
Private enterprise, also known as capitalist enterprise, refers to commercial and economic activities undertaken by businesses owned and operated by private individuals or groups. It involves the risk-taking ethos of entrepreneurial activity and the pursuit of profit as a driving force for innovation and growth. Synonyms for private enterprise include capitalism, free enterprise, market economy, private sector, private initiative, and private ownership. These terms all describe the notion of economic activity being driven by the motivations and incentives of individuals acting in their own self-interest, rather than being directed by the state or collective decision-making. They represent the fundamental principles of economic freedom and individual autonomy that underpin modern market economies.
