The Owners of Private Property Will

question 24

Multiple Choice

The owners of private property will

• A) use their property for selfish ends, taking no account of the impact their behavior has on others.
• B) use their property in ways that others value because the market will generally reward them with profits (or a higher selling price) if they do so.
• C) find very little incentive to take care of the property or conserve it for the future.
• D) lose profits when they take the wishes of others into consideration.

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Definitions:

Space Resources

Natural materials found outside of Earth's atmosphere that can be extracted and utilized, such as water ice on the moon or minerals on asteroids.

Antidumping Duty

A tariff imposed by a government on foreign imports believed to be priced below fair market value to protect domestic industries.

United Nations Guidelines

Frameworks, principles, or standards adopted by the United Nations to guide member states in various areas including human rights, economic development, and environmental protection.

International Law

A body of rules established by treaty or custom that is recognized and accepted by nations as binding in their relations with one another.