What are secure property rights?
A)People are safe from invasion by neighboring countries.
B)Property owners can be confident that material goods will not be seized arbitrarily.
C)There is a clearly written democratic constitution.
D)There is a capitalist society in which people can buy and sell property.
E)The government is able to buy or expropriate property to create infrastructure.

Question

Quizplus · Accepted Answer

Secure property rights refer to the legal and institutional frameworks that protect property owners from arbitrary seizure of their assets. This includes protection against theft, vandalism, and government expropriation without due compensation. A capitalist society and a democratic constitution can contribute to secure property rights, but they are not the only factors. Finer nuances also include respect for property rights by society as a whole.

What Are Secure Property Rights