Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
free enterprise | Yes | No | No | No |
economy | Yes | No | No | No |
free enterprise (noun) | economy (noun) |
---|---|
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices | an act of economizing; reduction in cost |
frugality in the expenditure of money or resources | |
the efficient use of resources | |
the system of production and distribution and consumption |