When Property Rights Are Not Well Established

question 26

Multiple Choice

When property rights are not well established,

• A)private goods become public goods.
• B)markets fail to allocate resources efficiently.
• C)the distribution of private goods is unfair.
• D)government resources are used inefficiently.

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Definitions:

Physical Development

The biological progression of bodily growth and increase in size, motor skills, and coordination from infancy through adulthood.

Adolescent

Refers to an individual in the transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Cognitive Developmental

The study of how thinking, problem solving, and intelligence evolve as people age, from infancy through adulthood.

Socio-emotional

Pertaining to the interplay between social interactions and emotional responses.