lulu8691
lulu8691 lulu8691
  • 04-05-2021
  • Geography
contestada

Why is private property important in the American economic system?

Respuesta :

poppyslam
poppyslam poppyslam
  • 05-05-2021

Answer:

Private Property Promotes Economic Efficiency

Most political theorists and nearly all economists argue that capitalism is the most efficient and productive system of exchange. Private property promotes efficiency by giving the owner of resources an incentive to maximize its value.

Answer Link

Otras preguntas

Which features are associated with divergent boundaries?
People are demanding more apartments and sellers are willing to offer this means that there is a blank of apartment
How do multiple alleles provide many different phenotypes for a trait
despite the great differences between the city-states which of the following connected all greeks?
The rectus abdominis is classified as a convergent muscle. a. True b. False
How did the great depression affect arizona in comparison to the rest of the united states?
The units digit of a two digit number is 1 less than 3 times the tens digit. if the digits are reversed, the new number is 45 more than the original number. fin
Donald is dishonest and manipulative, often has temper tantrums and wants to have fistfights. these traits have been part of his life for as long as anyone can
Compared to felsic igneous rocks, mafic igneous rocks contain greater amounts of what?
$11,000, invested for 4 years at 3% compound monthly