Wealth creating transactions are more likely to occur

A) With private property rights
B) With contract enforcement
C) Both a and b
D) None of the above

Question

​Wealth creating transactions are more likely to occurA) ​With private property rightsB) With contract enforcementC) Both a and bD) ​None of the above

Brooke Liber · Accepted Answer

Final Answer : C, Explanation :  Private property rights provide individuals with the incentive to invest time and resources in creating wealth. Contract enforcement ensures that agreements between parties are upheld, allowing for more secure transactions and encouraging investment. Both of these factors are essential for wealth creation.

Wealth creating transactions are more likely to occur

A) With private property rights
B) With contract enforcement
C) Both a and b
D) None of the above

Definitions

Learning Objectives

Learning Objectives

Related questions

​Wealth creating transactions are more likely to occurA) ​With private property rightsB) With contract enforcementC) Both a and bD) ​None of the above

Definitions

Learning Objectives

Learning Objectives

Related questions

Wealth creating transactions are more likely to occur

A) With private property rights
B) With contract enforcement
C) Both a and b
D) None of the above