Property rights are a prerequisite for anything to be produced.

Name: Property rights are a prerequisite for anything to be produced.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Property rights provide individuals with the incentive to invest their resources in the production of goods and services, as they are assured of the right to use, sell, or transfer the product of their labor. Without property rights, individuals would have no incentive to produce since they would not be able to enjoy the benefits of their work.

Property Rights Are a Prerequisite for Anything to Be Produced