Private property

A) discourages cooperation because people don't want to part with what they own.
B) discourages innovation, as people are often afraid to risk losing their own property.
C) encourages owners to maintain or improve their property to preserve or enhance value.
D) does everything indicated by the other answers.

Private Property

Private property refers to the rights individuals or organizations have to own, use, and dispose of land, buildings, goods, or intellectual property privately, without interference from the government.

Innovation

The first commercially successful introduction of a new product, use of a new method of production, or creation of a new form of business organization.

Property Value

The market worth of a property, including land and any buildings on it, influenced by location, condition, and market trends.