Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is private property and the protection of property rights so critical to the success of the market system?

April 26, 2017critical market private Property Rights success system

0

Posted

Why is private property and the protection of property rights so critical to the success of the market system?

1 Answer

0

Posted

By definition, there is no market without private property, and private property can only exist while there is an entity that defines and defends it. Traditionally, the State defends private property and defines it by issuing ownership titles ChaCha!