
Private enterprise

Translation private enterprise into russian
private enterprise
Private enterprise is a key driver of economic growth.
Частное предпринимательство является ключевым двигателем экономического роста.
Definitions
Private enterprise refers to businesses or organizations that are owned and operated by private individuals or groups, rather than by the government. These enterprises operate for profit and are characterized by their ability to make independent decisions regarding their operations, management, and financial practices.