Opponents of land nationalization argue that private ownership

A) allows rent to function as an efficient allocation mechanism.
B) is fair in terms of equalizing income distribution.
C) follows the natural order of things in society.
D) is consistent with detailed government planning for land use.

Question

Kaila Holland · Accepted Answer

Final Answer : A, Explanation :  Rent as an efficient allocation mechanism is a common argument for private ownership, as it is believed to ensure that land is used by those who value it most highly, thus leading to its most efficient use.

Opponents of land nationalization argue that private ownership

A) allows rent to function as an efficient allocation mechanism.
B) is fair in terms of equalizing income distribution.
C) follows the natural order of things in society.
D) is consistent with detailed government planning for land use.

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Learning Objectives

Related questions

Opponents of land nationalization argue that private ownershipA) allows rent to function as an efficient allocation mechanism.B) is fair in terms of equalizing income distribution.C) follows the natural order of things in society.D) is consistent with detailed government planning for land use.

Definitions

Learning Objectives

Learning Objectives

Related questions

Opponents of land nationalization argue that private ownership

A) allows rent to function as an efficient allocation mechanism.
B) is fair in terms of equalizing income distribution.
C) follows the natural order of things in society.
D) is consistent with detailed government planning for land use.