Without Property Rights

question 125

Multiple Choice

Without property rights,

• A)people would have more of an incentive to specialize, and the economy would become more efficient.
• B)there would be more inventions.
• C)people would not have an incentive to specialize.
• D)a market economy would become more efficient.
• E)people would have more of an incentive to specialize.

---

Definitions:

Ratchet

Locking mechanism of an instrument.

Locking Mechanism

A device or feature designed to prevent the operation or movement of a piece of machinery or equipment until it is unlocked.

Towels Dressings

Absorbent materials, such as towels, used for covering and protecting wounds to absorb discharge and facilitate healing.