| Main Entry: | |
| Part of Speech: | noun |
| Definition: | economic system of private ownership |
| Synonyms: | commercialism, competition, democracy, free enterprise, free market, industrialism, laissez faire economics, mercantilism, private enterprise |
| Antonyms: | communism |
| Main Entry: | open market |
| Part of Speech: | noun |
| Definition: | free competition |
| Synonyms: | common market, competitive market, free enterprise, free market, free port, free trade, free-trade area, open trade |