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Which property rights regime does a natural person or a legal person hold?

A natural person or a legal person holds the __________ property rights regime.


Sagot :

Final answer:

Property rights are essential for economic growth and market efficiency.


Explanation:

Property rights refer to the rights that individuals and firms have to own property and use it as they see fit. These rights are crucial for economic growth as they allow markets to function effectively and efficiently. Individuals with property rights can enter into contracts with others regarding the use of their property.


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