If you have a private-ownership right to something, what does this mean? Does private ownership give you

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If you have a private-ownership right to something, what does this mean? Does private ownership give you the right to do anything you want with the things that you own? Explain. How does private ownership influence the incentive of individuals to

(a). Take care of things,

(b). Conserve resources for the future,

(c). Develop and modify things in ways that are beneficial to others? Explain.

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 05, 2023 01:24 PM

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If you have a private-ownership right to something, what does this mean? Does private ownership give you

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Private ownership refers to an individual or entitys legal right to possess control and use a specific item asset or piece of property This right incl...View the full answer

Macroeconomics Private And Public Choice

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