Government enforcement and recognition of private property rights is a necessary condition for economic growth.

Name: Government enforcement and recognition of private property rights is a necessary condition for economic growth.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Without government enforcement and recognition of private property rights, individuals and businesses may not have the incentive to invest and innovate due to the risk of their property being taken away without compensation. This can hinder economic growth and development.

Government Enforcement and Recognition of Private Property Rights Is a Necessary