Which feature of capitalism allows people to own and control their possessions as they wish?

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06-09-2022
Social Studies

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Which feature of capitalism allows people to own and control their possessions as they wish?

Sagot :

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QWCobalt QWCobalt · Answer 1 · 2022-09-08T13:28:38-04:00

The feature of capitalism that allows people to own and control their possessions as they wish is private property rights.

Private property rights are foundational to a capitalist economy encompassing its execution and its legal defenses. Capitalism is an economic system based on private ownership of the means of production. Private property rights refer to the legal designating rights and authority for the ownership of property by non-governmental legal entities.

Many argue that capitalism is the most feasible and productive system of exchange. It is the feature of private property rights that enhances this efficiency and productivity by bestowing the owner of resources an incentive to maximize its value.

Learn more about capitalism: brainly.com/question/25879591

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Which feature of capitalism allows people to own and control their possessions as they wish?

Sagot :

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