What is another word for private-enterprise?
Pronunciation: [pɹˈa͡ɪvətˈɛntəpɹˌa͡ɪz] (IPA) 
Private-enterprise refers to businesses or organizations that are owned and managed by private individuals or groups rather than the government. There are several synonyms for this term, including free enterprise, capitalism, private sector, private industry, and market economy. These synonyms highlight the idea that private-enterprise is driven by market forces and competition rather than government intervention. Other related terms include entrepreneurship, innovation, and self-reliance. Private-enterprise has been praised for its ability to drive economic growth and create jobs, but criticized for exacerbating income inequality and exploiting workers. Nonetheless, it remains a central feature of many modern economies around the world.
