Private property Multiple Choice O O O does not apply to patents and copyrights. discourages exchange since people must get government approval before selling their property. does everything indicated in the other choices. encourages investment since people know what they own can't just be taken away from them.
Private property Multiple Choice O O O does not apply to patents and copyrights. discourages exchange since people must get government approval before selling their property. does everything indicated in the other choices. encourages investment since people know what they own can't just be taken away from them.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question

Transcribed Image Text:Private property
Multiple Choice
O
O
O
does not apply to patents and copyrights.
discourages exchange since people must get government approval before selling their property.
does everything indicated in the other choices.
encourages investment since people know what they own can't just be taken away from them.
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