Economic development is a recognized public purpose for purposes of a taking of private property.

Name: Economic development is a recognized public purpose for purposes of a taking of private property.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Economic development is considered a public purpose under the principle of eminent domain, allowing the government to take private property for public use, as long as just compensation is provided. This was affirmed in the U.S. Supreme Court case Kelo v. City of New London (2005).

Economic Development Is a Recognized Public Purpose for Purposes of a Taking