private enterprise

Non-governmental business ownership

Private enterprise is business activity conducted by individuals or companies rather than by government.

The term emphasizes ownership and profit motive in the hands of private citizens: Private enterprise built the railroads.

It often carries ideological weight, invoked to contrast market-driven commerce with state control or socialism: He believed private enterprise was the engine of prosperity.

business

corporation

Legally separate business entity

partnership · proprietorship · franchise · SME · multinational · conglomerate · subsidiary · incorporation · small business · sole trader

capitalism

free market

Commerce without state intervention

individualism · self-reliance · economic freedom · libertarianism · non-intervention · market forces · supply and demand

innovation

startup

New business enterprise

patent · prototype · research and development · technology · creativity · ingenuity · product development · commercialization · scaling

competition

market share

Percentage of sector sales

challenger · marketplace · positioning · differentiation · pricing · niche · disruption · market entry · barrier to entry · outperform

profit

revenue

Business income total

return on investment · shareholders · monetization · capital gain · net income · commercialism · wealth creation · bottom line · profitability · income generation

Categories
Opposites
ownership and control

private enterprisepublic enterprise

Government-operated commercial organization

state ownership · government ownership · public ownership · state monopoly · public sector

economic system

private enterprisesocialism

Communal economic control

communism · central planning · command economy · collectivism · planned economy

sector classification

private enterprisepublic sector

State-controlled economic portion

civil service · public administration · government agency · public institution

Family

private, enterprise, privately, enterprising, entrepreneur, enterprises, privateer, privatization, privatize

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Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G