Private property
A) discourages cooperation because people don't want to part with what they own.
B) discourages innovation, as people are often afraid to risk losing their own property.
C) encourages owners to maintain or improve their property so as to preserve or enhance value.
D) does everything indicated by the other answers.

Question

Quizplus · Accepted Answer

Private property encourages owners to maintain or improve their property so as to preserve or enhance value. This is because they have a vested interest in their property and want to maximize its worth. Therefore, private property can actually incentivize people to invest in their property and improve it, leading to economic growth and development.

Private Property