free enterprise system


Also found in: Dictionary, Thesaurus, Financial.
Related to free enterprise system: Free enterprise economy

free enterprise system:

see capitalismcapitalism,
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.
..... Click the link for more information.
.
References in periodicals archive ?
If the free enterprise system is allowed to operate unreservedly (i.e., without governmental interference), it will create a competitive environment where care chains will compete for patients by selling value instead of cost.
The emphasis should remain on abolishing this curse, which was advocated by Karl Marx's Communist Manifesto in step number five of his 10 steps to cause "despotic inroads on the rights of property." To meet Marx's goal, step five advocates the "centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly." If a central bank such as the Fed is beneficial for a socialist and communist system, can a competitive free enterprise system also benefit?
bishops' Catholic Campaign for Human Development for aiding "left-wing" groups that are "using our free enterprise system and our charitable impulse as a people to destroy our economic system."
She said that even texts adhering closely to the state curriculum standards distort history, specifically in instances she said glorified the free enterprise system.
After decades of deprivation, the poor lack bank accounts, decent credit scores, and any real firsthand experience of how a healthy free enterprise system functions.
In this piece I would like to point out that two critical elements of democracy -- freedom of association and the free enterprise system -- are under heavy government pressure.
As advocates of our American free enterprise system, we must guard against those who would legislate or regulate our agencies and our carrier partners out of business.
Views about the free enterprise system remain positive.
Rampant predatory business and limitless unrestrained greed have made our free enterprise system during the past three decades nothing but a joke in bad taste...
Students must have taken and mastered economics courses with emphasis on the free enterprise system and its benefits.
ERIC Descriptors: Evidence; Competition; School Choice; School District Size; Educational Policy; Policy Analysis; Measurement Techniques; Evaluation Criteria; School Districts; Computer Software; Program Evaluation; School Effectiveness; Taxes; Educational Finance; Free Enterprise System; Parent Attitudes; Selection Criteria; Evaluation Problems; Evaluation Methods
He said: "We honour the entrepreneurs who have always been the driving force behind our free enterprise system, but we also believe in something called citizenship - the idea that this country only works when we accept certain obligations towards one another and to future generations."