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

What is the value of cosΘ given that (-2, -3) is a point on the terminal side of Θ?
what is the term for the tiny air sacs in the lungs
Singing a specific ___________ together with the congregation was a critical part of weekly lutheran religious services.
A cook who is doing a quality check on the serving lines by tasting sauces and sides must
What statement describes a similarity between that I did always love
What is the value of f(x)= 9^x when x=-2? A) 1/8 B) 81 C) 1/18 D) 18
Which set of equations is enough information to prove that lines a and b are parallel lines cut by transversal f? A) m∠4 = 110° and m∠3 = 70° B) m∠1 = 110° and
What percentage of Africans live in sub-Saharan Africa? A. less than 10% B. about 50% C. about 65% D. about 85% Please select the best answer from the choices p
What did was an effect of decreased consumer confidence in the late 1920s? A.) undervalued stock B.) an increase in jobs C.) higher costs of goods D.) rising
The freedom to engage in business for a profit is known as ________.