Unequal property rights


  • Denial of equal property rights because of discrimination
  • Prejudicial treatment in relation to ownership

Incidence

Property rights are so important because their actual nature determines resource allocation in a world of conflicting user interests.

Claim

  1. Little economic activity would occur in the absence of rights, or powers, to consume, obtain income from, and transfer assets. The level of economic development of a region will therefore depend on its system of property rights.


© 2021-2024 AskTheFox.org by Vacilando.org
Official presentation at encyclopedia.uia.org