The Positive Correlation Between Economic Success and Well-Defined Private Property

question 50

Multiple Choice

The positive correlation between economic success and well-defined private property rights is

• A) random chance.
• B) an example of capitalist greed and exploitation.
• C) because when resources are owned,they are not treated as having a marginal cost of zero.
• D) coincidental.
• E) only evident in the Western world.

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Definitions:

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Early Childhood

A period in human development from birth to around eight years of age, characterized by rapid physical, cognitive, and emotional growth.

Kinsey's Survey

A comprehensive study of human sexual behavior published by Alfred Kinsey and colleagues in the mid-20th century.