BEGINNER

Private Property Ownership

MARCH 23, 2013

A system of resource allocation where individuals who own property are free to use it in a manner that does not infringe upon the rights of other. A property owner can exclude others from occupying or using his or her property. Private property ownership does not exist in a pure form, but is limited typically limited by government regulation.

 

Robert McNamara - Why Private Property Matters in a Free Society

 

Matt Mitchell - Economic Freedom

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