| − | '''Free Enterprise''' is enterprise where [[business]] transactions are carried on with little or no [[government]] interference. It is also the name of a [[movie]] starring [[William Shatner]]. | + | '''Free Enterprise''' is commerce with [[business]] transactions carried on between private individuals or corporations without state interference or planning. It has been the primary economic model in the U.S. and Britain since the [[Industrial Revolution]], but free enterprise has been tempered somewhat by government regulation. In [[France]], ironically, this economic model is called liberalism. |