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Free enterprise system
Scope Note
Economic system in which individuals, rather than the government, make decisions about the way goods and services are produced, distributed, and used
Used For
Free market
Laissez faire economy
Market economy
Broader Term
Capitalism
Related Term
Business
Business administration
Commercialisation
Competition
Democracy
Deregulation
Economic rationalism
Economics
Entrepreneurship
Freedom
Markets
Private financial support
Private sector
Privatisation
Subject Category
610 Government and politics
Date Added
Nov 95
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