English version

private enterprise in Economics topic

From Longman Dictionary of Contemporary Englishprivate enterpriseˌprivate ˈenterprise noun  [uncountable]PE the economic system in which private businesses are allowed to compete freely with each other, and the government does not control industryprivate sector
Examples from the Corpus
private enterpriseThe development was originally envisaged as a private enterprise initiative.Council building reaped the benefit of the price set by private enterprise.So modest pay increases were accompanied by a lifting of restrictions on public officials engaging in private enterprise.That is an extraordinary doctrine of private enterprise.Its political platform is brief: the iron hand against Communism to save private enterprise.He has announced that private enterprise will be allowed to flourish.Even more alluringly, the entire process could be handed over to private enterprise.He advocated experiments with private enterprise in the coal industry.