Want to say private enterprise differently? Here are other words for private enterprise and its similar synonyms and opposite words to say in unique way.
Meaning of private enterprise
The primary meaning of "private enterprise" refers to a business or company that is owned and controlled by private individuals or groups, rather than by the state or government.
Etymology of private enterprise
The term "private enterprise" originated in the 17th century, derived from the Latin words "privatus" meaning "private" and "inter" meaning "between" or "among"
The concept of private enterprise emerged during the Industrial Revolution, as businesses and industries began to develop and grow outside of government control
Over time, the term has come to encompass a wide range of businesses and industries, from small startups to large corporations
Synonyms
Definitions
- A business or company that is owned and controlled by private individuals or groups, rather than by the state or government
- * An enterprise that operates for profit and is not controlled by the government
- * A system or organization that is based on private ownership and the creation of goods and services for profit
Usage Examples
- The government's policies aimed to promote private enterprise and stimulate economic growth
- * The company is a private enterprise that has been family-owned and operated for generations
- * The private enterprise system allows for innovation and competition, driving economic progress and development