In the Absence of Well-Defined Property Rights, We Would Likely

question 181

Multiple Choice

In the absence of well-defined property rights, we would likely find

• A) people with more incentives to take risks.
• B) people with less incentives to take risks.
• C) higher economic growth rates.
• D) increases in investment activity.

---

Definitions:

Maintenance

The process of preserving something so that it continues to function or remain in good condition.

Four Horsemen

A metaphor describing the four communication styles that, according to Dr. John Gottman, can predict the end of a relationship: criticism, contempt, defensiveness, and stonewalling.

Apocalypse

A term typically referring to the complete final destruction of the world, as described in biblical terms, or any event involving destruction or damage on a catastrophic scale.

Gottman

A psychologist known for his work on marital stability and divorce prediction, employing thorough observational methods to analyze relationships.