What is a free enterprise economy?

Answer A free-enterprise economy or system is synonymous with capitalism. The difference between it and its alternatives (including socialism and communism) is the degree of government involvement.Definit... Read More »

Top Q&A For: What is a free enterprise economy

What is the meaning of free enterprise?

Free enterprise is the name of both an intellectual movement in the political and economic sciences and may also refer to the economic system supported by that movement.OriginThe Free Enterprise mo... Read More »

How do you define free enterprise?

Free enterprise, also known as capitalism, is a system of business practices ruled by supply and demand without restraint from government influence. Businesses, not governments, are allowed to deci... Read More »

What is a tax-free enterprise zone?

A tax-free enterprise zone is an area in a community or region established by local government to encourage businesses to move into the area, according to the University of Vermont. Businesses who ... Read More »

What is the U.S. free enterprise economic system?

Free enterprise economic systems exist where governments and societal intervention do not restrict the business transaction of individuals and companies. While the U.S. economy is not a true free e... Read More »