free enterprise
noun [ U ] uk/ˌfriː ˈen.tə.praɪz/ us/ˌfriː ˈen.t̬ɚ.praɪz/
自由企业制度（一种经济制度，私有企业为获取利润相互自由竞争，政府职能仅限于保护公众利益和维持经济正常运行）
an economic system in which private businesses compete with each other to sell goods and services in order to make a profit, and in which government control is limited to protecting the public and running the economy
Synonym: private enterprise