A System of Property Rights

question 277

Multiple Choice

A system of property rights

• A) reduces the efficiency of government, which reduces the growth rate of the economy over time.
• B) discourages economic growth by discouraging the development of new ideas and ways of doing things.
• C) encourages economic growth by creating incentives to invest in capital and to be innovative.
• D) encourages investment but discourages entrepreneurial activity, so the effect on economic growth is uncertain.

---

Definitions:

Direct Sellers

Individuals or entities that market and sell products or services directly to consumers, bypassing traditional retail channels.

Direct-Selling Retailers

Retailers that sell products directly to customers away from a static commercial retail location, often through personal interactions or at home.

Social Shopping Experience

The integration of e-commerce and social media platforms to facilitate interactive shopping, where users can share, discuss, and recommend products within their social networks.

Direct Selling

A retail channel for selling products or services directly to consumers in their homes or another non-store environment, bypassing traditional retail stores.