Why Are Secure Property Rights Important for Economic Development

question 44

Multiple Choice

Why are secure property rights important for economic development?

• A)Governments need to be able to make use of public lands for infrastructure projects.
• B)Property owners need to be able to buy land in order to build factories or create large-scale farms.
• C)Countries that are insecure and subject to invasions from neighboring countries are less likely to have the necessary economic and political environment for development.
• D)When property owners think their assets are secure they are more likely to invest in improvements to their land.
• E)Countries cannot develop economically without a clearly written democratic constitution.

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