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Private enterprise   /prˈaɪvət ˈɛntərprˌaɪz/   Listen
Private enterprise

noun
1.
An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.  Synonyms: free enterprise, laissez-faire economy, market economy.






WordNet 3.0 © 2010 Princeton University








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"Private enterprise" Quotes from Famous Books



... foundation of the Camden, the Percy, and the Chetham Societies, not to mention many another that has done useful work in its way. The labours of these pioneers soon made it quite apparent that the sources of our national history—social, ecclesiastical, and political—were quite too voluminous for private enterprise to deal with, and would demand the co-operation of a body of trained scholars and the resources of the public exchequer to make them available as apparatus for ...
— The Quarterly Review, Volume 162, No. 324, April, 1886 • Various

... another or absorb for their own use any gift of Nature. No Socialist that I know of has attempted to draw the exact line between activities to be wholly absorbed by the State and those which would be left to private enterprise. No wise Socialist I think—if there are wise Socialists—would attempt to draw such a line at present. There is a certain vagueness in the Socialists' ...
— The Inhumanity of Socialism • Edward F. Adams

... the railroads from the standpoint of private enterprise? A railway financier once described a western railway as "a right of way and a streak of rust." The phrase was applicable to many railways. Deterioration and lack of repairs were, of course, responsible for part of the condition it suggests, but much of the fault ...
— Higher Education and Business Standards • Willard Eugene Hotchkiss

... importance is Ambala. Jagadhri is a busy little place now connected through private enterprise by a light railway with the N. W. Railway. The district consists of two parts almost severed from one another physically and wholly different as regards people, language, and agricultural prosperity. The Rupar subdivision in the north-west beyond the ...
— The Panjab, North-West Frontier Province, and Kashmir • Sir James McCrone Douie

... political influence to do its worst,—animated the development of these railways. As in Australia, where private capital refused to build, it was a case of necessity. In South Africa there was practically no private enterprise to sidestep the obligation that the need of adequate transportation imposed. The country was new, hostile savages still swarmed the frontiers, and the white man had to battle with Zulu and Kaffir for every area he opened. In the absence of navigable rivers—there are none in the Union—the ...
— An African Adventure • Isaac F. Marcosson


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