With private property rights,the decision about how to use resources are made by

Name: With private property rights,the decision about how to use resources are made by
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

Private property rights give ownership and control over resources to individual resource owners. As a result, the decision about how to use these resources is made by the individual resource owner and not the government, private firms, or resource committees. Therefore, option C is the best choice.

With Private Property Rights,the Decision About How to Use Resources