Which of the Following Will Most Likely Occur Under a System

question 143

Multiple Choice

Which of the following will most likely occur under a system of clearly defined and enforced private property rights?

• A) Resource owners will tend to abuse resources and use them selfishly.
• B) Resource owners will conserve vital resources for the future, particularly if they expect the resource to increase in value.
• C) Resource owners will ignore the wishes of others, including those who would like to use the resource that is privately owned.
• D) Resource owners ignore the wishes of others since there is little incentive to employ privately owned resources in ways that are beneficial to others.

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Definitions:

Piaget

Swiss psychologist Jean Piaget is known for his theory on the cognitive development of children, identifying stages of mental growth from infancy to adolescence.

Deferred Imitation

The ability to observe an action and replicate it later, even without the immediate presence of the original stimulus or model.

Echolalia

The automatic repetition of sounds or words.

Primary Circular Reaction

A developmental stage in infants characterized by repetitive actions focused on the infant's body, leading to the discovery of new experiences.