free enterprise vs private enterprise

free enterprise and private enterprise both are nouns.

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

As nouns, free enterprise and private enterprise are synonyms defined as:

free enterprise and private enterprise: an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

Other synonyms of free enterprise include laissez-faire economy, market economy.

free enterprise (noun)	private enterprise (noun)
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices	an economy that relies chiefly on market forces to allocate goods and resources and to determine prices