题目
题目
单项选择题

Why might some governments provide limited or no property rights to their citizens?

选项
A.a. To promote economic growth by allowing free market transactions.
B.b. To enhance efficiency in resource allocation through private property.
C.c. To concentrate resources under state control and limit private ownership.
D.d. To encourage privatization and increase individual wealth.
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思路分析
The question asks: Why might some governments provide limited or no property rights to their citizens? I will evaluate each option in turn to reveal where the reasoning aligns with typical political economy justifications. Option a: 'To promote economic growth by allowing free market transactions.' On the surface, free markets are associated with more widespread property rights and less state control. This statement describes a rationale for expanding property rights, not for limiting them. Therefore, i......Login to view full explanation

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类似问题

Consider a public resource that is required for the production process of a firm, but its use destroys it. The profit of the firm from the usage of this resource will be 200$, but it also decreases the utility of the public by 100$. The government considers two options over the ownership rights of this resource in order to maximize welfare.

Why might some governments provide limited or no property rights to their citizens?

Match each of the left-hand examples to a dimension of property rights.

Part 1Gustavo is a young doctor who lives in a country with a relatively inefficient legal and financial system. When Gustavo applied for a​ mortgage, he found that banks usually required collateral for up to​ 300% of the amount of the loan. Part 2Why might banks require that much collateral in a financial system like​ Gustavo's country? A. An inefficient legal system implies strong property​ rights, and under such a strong​ system, collateral is more highly valued and hence more desirable. B. An inefficient legal system implies strong property​ rights, and collateral helps banks recoup some of their loan if the borrower defaults. C. An inefficient legal system implies weak property​ rights, and collateral helps banks recoup some of their loan if the borrower defaults. Your answer is correct.D. An inefficient legal system implies weak property rights but also high property​ values, making collateral more highly valued and hence more desirable. Part 3As a​ result, when compared to other​ countries, we would expect​ Gustavo's nation to​ have: A. more investment and faster economic growth. B. less investment and faster economic growth. C. less investment and slower economic growth. D. more investment and slower economic growth.

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