Which of the following statements is true?
A) Inclusive institutions do not support the provision of property rights to society and hence foster economic prosperity.
B) The productivity of individuals is likely to be independent of the availability of property rights.
C) An individual with property rights is likely to be less productive than an individual without property rights.
D) An individual with property rights is likely to be more productive than an individual without property rights.

Question

Quizplus · Accepted Answer

Property rights provide individuals with incentives to invest, innovate and produce while also allowing them to reap the benefits of their efforts. Therefore, individuals with property rights are likely to be more productive than individuals without property rights. Inclusive institutions support the provision of property rights, which fosters economic prosperity. Therefore, options A and B are incorrect, and option C is illogical.

Which of the Following Statements Is True