angel264799 angel264799
  • 22-05-2017
  • Advanced Placement (AP)
contestada

Why must private ownership of property be guaranteed before a free market economy will work?

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starburst200242 starburst200242
  • 23-05-2017
Because the ownership of private property allows people to seek to maximize their utility. private ownership allows for the invisible hand of the market to act, as per Adam Smith. 
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