What is national property

National property is the property that belongs to the state.

Explanation:

There are several different types of property. Most often though they are divided into two groups; national property and private property. The national property is the property that belongs to the state, while the private property is the property that is owned by private owner/s.

There are differences across the world as to how much national property there is a country and that mostly depends on the politics. The countries were the capitalism dominates, the national property is minimal, usually comprising the properties that help the government run, as well as national parks or areas that need protection. The countries where the communism dominates, the national property is far greater, and usually all are almost all of the country's property belongs to the government.

IN SIMPLE SENTENCE,NATIONAL PROPERTY IS DEFINED AS THE PROPERTY OF NATION.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.