private enterprise

private enterprise
Cultivating the soil, manufacturing articles for sale, dealing in merchandise, and the pursuit of numerous and various other activities which enlist individual energy. Dodge v Mission Tp. (CA8 Kan) 107 F 827. In the language of the ultraconservative, something undefiled by governmental regulation or participation. As used in a provision of a state constitution forbidding the state to be interested in any "private or corporate enterprise," the term has been held not merely to forbid the state to become interested in private enterprise carried on by individuals and corporations, but also to prohibit the state from itself engaging in private enterprises ordinarily undertaken only by private promoters. State ex rel. Wilkinson v Murphy, 237 Ala 332, 186 So 487, 121 ALR 283.

Ballentine's law dictionary. . 1998.

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