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2006-08-29 14:39:32 · 3 answers · asked by vasyl s 1 in Education & Reference ➔ Homework Help
Private enterprise is any business entity not part of the government.
2006-08-29 14:42:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Enterprise refers to business activity.
Private means that is not public (i.e., not a government operation; we should probably also exclude non-profit organizations).
So private enterprise is business activity conducted by businesses that are owned by individuals. This could be a one-person business or a large corporation owned by shareholders.
2006-08-29 21:45:21 · answer #2 · answered by actuator 5 · 0⤊ 0⤋
Business carried on for profit and not owned by the government; also, the system that discourages public ownership of business; the same as free enterprise.
2006-08-29 21:46:39 · answer #3 · answered by makerunanrk 2 · 0⤊ 0⤋