Property Rights

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Issue:

Miscellaneous

 

Written by:

Robin G

 

Date added:

October 15, 2012

 

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Grade:

A

 

No of pages / words:

4 / 974

 

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5837 times

 

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Essay content:

Even worse, some countries that once were wealthy have stagnated and are even threatened with poverty. The Index evaluates economic freedom in 10 institutional factors, including monetary and fiscal policy, government consumption, trade openness, and regulations.It also evaluates, in the property rights factor, how strongly a country’s legal system protects private property and contractual agreements...
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The term “property rights,” however, has broader implications. In fact, the entire Index of Economic Freedom can be viewed as an evaluation of property rights protection, broadly conceived, since public policy can infringe on citizens’ property rights through regulations, inflation, and government ownership of scarce resources...
displayed 300 characters

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