economy vs private enterprise

private enterprise vs economy

economy and private enterprise both are nouns.

Word	Noun	Adjective	Verb	Adverb
economy	Yes	No	No	No
private enterprise	Yes	No	No	No

As nouns, private enterprise is a hyponym of economy; that is, private enterprise is a word with a more specific, narrower meaning than economy:

economy: the system of production and distribution and consumption
private enterprise: an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

Other hyponyms of economy include industrialism, free enterprise, laissez-faire economy, market economy, mixed economy, non-market economy, state capitalism, state socialism.

economy (noun)	private enterprise (noun)
an act of economizing; reduction in cost	an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
frugality in the expenditure of money or resources
the efficient use of resources
the system of production and distribution and consumption

Difference between economy and private enterprise

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