Property rights enforced by government

In countries where private ownership is a dominant system: (1) Resources are socially owned, with govt. acting as a trustee. (2) Laws concerning the property rights are enforced by government. (3) Monopolization of each productive resource is inevitable. (4) Govt. officials own almost all resources. (5) Individual brute force is determinant of the property rights.

Choose the accurate answer from the above options.

View Complete Question

Related Questions in Public Economics

Q : Requirements of Economic Efficiency

Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I

Q : Behavior of deliberately act in

Deliberately acting in a way which cannot attain a wanted goal is: (w) rational behavior. (x) random behavior. (y) irrational behavior. (z) maximizing behavior. Can anybody suggest me the proper explanation for given problem regard

Q : When is a thing termed as a good as

A thing is termed as a "good" (as opposite to a "bad") when: (w) its use improves human happiness. (x) its production needs capital and labor. (y) its value to society is restricted. (z) this is a service to people, as housecleaning.<

Q : Determine when economic efficiency is

Economic efficiency is most clearly improved while: (i) a new Wal-Mart opens in a rural community. (ii) less-developed countries grow quicker than more developed countries. (iii) taxes are composed in accord along with the principle of progressivity. (iv) India increa

Q : Consequence of the increased

People would be least probable to be happier like a consequence of the increased accessibility of: (1) free goods. (2) economic resources. (3) superior technologies. (4) economic goods. (5) economic bads. Hello guys I want your adv

Q : Problem on private property rights and

I have a problem in economics on private property rights and laissez faire. Please help me in the following question. The basics of pure capitalism comprise: (i) Social ownership of all non-human resources. (ii) Strong two party electoral system. (iii

Q : Punishment must fir to crime by Jeremy

In words of Jeremy Bentham, punishment for a particular committing a wrong against society must be: (i) decided by a jury of the person’s peers. (ii) depends on the individual’s intentions. (iii) depends on the criminal’s position in

Q : Comunity engagement and education

identify the modes employed in the management of comunity ECD programes in your community and explain them in the following lines 1 sole proprietorship and corporation 2 NGO mode 3 donor managed and ommunity owned

Q : Define an example of a free good of

The closest of the given to being a free good would be from below: (i) affection and support by your parents. (ii) a $100 bill you determined after a stiff breeze blew this onto your porch. (iii) health insurance given by a firm to all its workers. (iv) the second bag

Q : Determine the opportunity cost while

While people buy something, then its opportunity cost is the: (w) monetary price they paid. (x) enjoyment they get by their purchase. (y) satisfaction they lost by not buying something else. (z) time they should work to pay their bills.

Discover Q & A

Leading Solution Library

Avail More Than 1414207 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1929170
Asked

3,689

Active Tutors

1414207

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment