private enterprise

• Wirtschaftsbereich oder Unternehmen, das sich in Privateigentum befindet und von Privatpersonen oder -gruppen geführt wird, nicht vom Staat, meist mit Gewinnabsicht.

A business or industry that is owned and operated by private individuals or groups, rather than by the government, typically for profit.

1. Business owned by individualsB2formal

   A business or industry that is owned and operated by private individuals or companies, rather than by the government.

   Privatunternehmen

   • Private enterprise drives innovation and economic growth.
   • Many countries encourage private enterprise to create jobs.
   • The government reduced regulations to support private enterprise.

2. B2formal

   An economic system where private businesses operate for profit, with minimal government intervention.

   Privatwirtschaft

   • Private enterprise is a cornerstone of capitalism.
   • The country transitioned from state control to private enterprise.
   • Private enterprise allows individuals to start their own businesses.