Free Enterprise
Free Enterprise
Free enterprise is an economic system in which private individuals and businesses make many economic decisions rather than the state.
In the Cold War context, it was associated mainly with capitalist systems such as that of the United States.
Definition
free enterprise = 自由企业制度，强调私人经营、市场选择与较少国家控制
In Context
Mikhail Gorbachev’s Perestroika tried to introduce limited elements of free enterprise into the Soviet economy in order to reform the failing system. :contentReference[oaicite:20]