Asystem of private property rights
a. encourages economic growth by creating incentives to in...
Business, 02.12.2019 21:31 jakebice5991
Asystem of private property rights
a. encourages economic growth by creating incentives to invest in capital and to be innovative.
b. discourages economic growth by discouraging the development of new ideas and ways of doing things.
c. encourages investment but discourages entrepreneurial activity, so the effect on economic growth is uncertain.
d. reduces the efficiency of government, which reduces the growth rate of the economy over time.
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