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free enterprise system

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
free enterprise system: see capitalism capitalism, economic system based on private ownership of the means of production, in which personal profit can be acquired through investment of capital and employment of labor.
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Ó And: ÒList pledged to devote his Ôenergy and efforts to help support the revitalization of the GOP,Õ and to Ôjoin with the party leadership and our elected offi cials to renew the principles of effi cient government agencies respecting and protecting the individual freedoms and the free enterprise system.
Any government intrusion into the terms of franchise agreements would stunt the growth of the franchise industry and damage the tenets of the free enterprise system.
We have taken many factors into consideration before deciding on Dubai including its strategic location, free enterprise system, first-rate air transport links, well-developed business Infrastructure, state-of-the-art-telecommunications and sophisticated support services," said SLTPB Managing Director, Dileep Mudadeniya.
 
 
 
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