free-enterprise adj. Of or pertaining to the free enterprise system having private ownership of the means of production and competition between enterprises. (prenominal) (Narrower terms: capitalistic, capitalist). Antonym: socialistic.
... has a free-enterprise economy and welcomes foreign investment. Exports feature textiles and footwear, fishery products, rice, rubber, jewelry, automobiles, computers and electrical appliances. Thailand has recovered from the 1997-98 Asian Financial ... — The 2004 CIA World Factbook • United States. Central Intelligence Agency
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