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free enterprise
[/friː ˈɛntərpraɪz/]
noun
livre empresa
1.
An economic system in which private businesses operate competitively for profit with minimal government regulation or intervention
Free enterprise encourages innovation and competition in the marketplace.
A livre empresa incentiva a inovação e a competição no mercado.
2.
The principle or practice of allowing businesses to operate without strict government control
The country adopted free enterprise policies to stimulate economic growth.
O país adotou políticas de livre empresa para estimular o crescimento econômico.
Synonyms
capitalism
laissez-faire
market economy
private enterprise
free market
Antonyms
planned economy
command economy
socialism
state control
centrally planned economy
Regional Variations
General Brazilian
livre empresa
Standard term used in Brazilian Portuguese business and economics contexts
São Paulo
livre empresa
Commonly used in business districts and financial centers
Portugal
livre empresa
Standard term in European Portuguese business language
Related Idioms & Phrases
the spirit of free enterprise
promote free enterprise
free enterprise system
free enterprise economy
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