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17 Dec 2019
Strong property rights are important for modern economic growth because:
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they allow governments to extract the gains from private citizens' investments.
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people are more likely to invest if they don't fear that others can take their returns on investment without compensation.
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they ensure an equitable distribution of income.
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business cycle fluctuations will be smaller and less likely to disrupt investment patterns.
Strong property rights are important for modern economic growth because:
Ā
-
they allow governments to extract the gains from private citizens' investments.
-
people are more likely to invest if they don't fear that others can take their returns on investment without compensation.
-
they ensure an equitable distribution of income.
-
business cycle fluctuations will be smaller and less likely to disrupt investment patterns.
23 Jul 2023
Patrina SchowalterLv2
17 Dec 2019
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