What entitlements do individuals have that affords them the opportunity to enter into agreements with others regarding the use of their property providing recourse through the legal system in the event of noncompliance?

TECHNOLOGY

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Contractual Rights
B	Laissez Faire
C	Production Functions
D	Rule of Law

Explanation:

Detailed explanation-1: -Three factors can create economic growth: more capital, more labor, and better use of existing capital or labor.

Detailed explanation-2: -The correct option is b. an increase in the proportion of the population that is college educated. When an increasing proportion of the population is educated, there is more skilled labor force available. A skilled labor force has higher productivity.

Detailed explanation-3: -What might happen to a county’s economy and standard of living WITHOUT property rights?-The standard of living would increase because there will now be an incentive to produce more goods and services.

Detailed explanation-4: -The correct answer is Option A) high taxes and new regulations on companies that spend a lot on new investment projects.

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY