Property rights
A) are easy to implement in large countries.
B) were recently eliminated in Australia.
C) are only important in the city.
D) are legally enforceable guarantees of ownership.
E) are not important in the market.

Question

Quizplus · Accepted Answer

Property rights are legally enforceable guarantees of ownership, which are important in protecting individuals' assets and investments. This is particularly important in market economies where individuals rely on private property to generate income and create wealth.

Property Rights