The U.S.system of resource ownership

Question

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The U.S. system of resource ownership includes government restrictions on the use of privately owned resources. This means that while individuals and companies may own resources, the government has the authority to place limitations on how those resources are used in order to promote public welfare and avoid negative externalities. This is not pure capitalism (A), as there are some limitations on private ownership. State ownership is also not excluded (B) as the government may own certain resources, such as national parks or military bases. The system is not designed to eliminate the problem of scarce resources (D), as scarcity is a fundamental economic concept that cannot be fully eliminated. Finally, while communal ownership may not be as common in the U.S. system, it is not explicitly excluded (E).

The U.S.system of Resource Ownership