Search Results for: ECONOMIC LIFE

natural resource

natural resource. 1. Any material from nature having potential economic value or providing for the sustenance of life, such as timber, minerals, oil, water, and wildlife. 2. Environmental features that serve a community’s well-being or recreational interests, such as parks. [Cases: Environmental Law 13.]

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tennessee valley authority

Tennessee Valley Authority. A government-owned corporation, created in 1933, that conducts a unified program of resource development to advance economic growth in the Tennessee Valley region. • The Authority’s activities include flood control, navigation development, electric-power production, fertilizer development, recreation improvement, and forestry-and-wildlife development. Though its power program is financially self-supporting, the Authority’s other programs

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police state

A state in which the political, economic, and social life of its citizens is subject to repressive governmental control and arbitrary uses of power by the ruling elite, which uses the police as the instrument of control; a totalitarian state.

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nihilism

nihilism (nI-[schwa]l-iz-[schwa]m). 1. A doctrine maintaining that there is no rational justification for moral principles and that there is no objective truth. 2. The view that traditional beliefs are unfounded and that life is meaningless and useless. 3. A theory that the existing economic, social, or political institutions should be destroyed, regardless of the result,

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