private-enterprise

• Sich auf Unternehmen oder Wirtschaftszweige beziehend, die sich in Privatbesitz befinden und von privaten Personen oder Firmen geführt werden und nicht vom Staat.

Relating to or characteristic of a business or industry that is owned and operated by private individuals or companies, rather than by the state.

1. Subscribing to capitalistic competitionC1formal

   Relating to or characteristic of a system where businesses are owned and operated by private individuals for profit, emphasizing free market competition.

   privatwirtschaftlich

   • The country adopted a private-enterprise economy after the reforms.
   • Private-enterprise principles encourage innovation and efficiency.
   • Many private-enterprise advocates argue against excessive government regulation.

   Synonymecapitalistcapitalisticfree-enterpriselaissez-faire

   Antonymecollectivistsocialist