Choose the statenent that is incorrect Economic freedom that establishes propert

Question

Choose the statenent that is incorrect Economic freedom that establishes property rights and markets creates incentives for people to expand their human capital, and to discover and apply new technologies. The rule of law, an efficient legal system, and the ability to enforce contracts are essential foundations for creating economic freedom. Economic freedom requires free markets, which enable people to trade, to save, and to invest. Economic freedom requires a democratic government because a democratic government is the key to creating economic freedom. Economic freedom requires the protection of private property, and clearly enforced property rights provide people with the incentive to work and save.

Explanation / Answer

Ans)

Economic freedom that establishes property rights and markets creates incentives for people to expand their human capital and to discover and apply new technology

Economic freedom is three things free personal choices,protected property rights,free to buy and sell.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---