Scholars of property rights in less-developed countries speak of "dead capital," by which they mean that:
A)property rights are weak.
B)all property is held by the state.
C)all property is held by rich countries.
D)property rights are too strongly protected.
E)property remains deeded to individuals who have passed away.

Question

Quizplus · Accepted Answer

Scholars of property rights in less-developed countries use the term "dead capital" to refer to property that is not being used productively or generating income because of weak or insecure property rights. This includes situations where property cannot be easily bought, sold, or developed due to uncertainty or disputes about ownership.

Scholars of Property Rights in Less-Developed Countries Speak of "Dead