Question

Strong property rights are important for modern economic growth because:

Answer 1

Answer: (B) People are more likely to invest if they don't fear that others can take their returns on investment without compensation.

Explanation:

   In the modern economical growth, the strong property rights are most important as they provide strong and well defined various property rights and this property rights are basically protected by the policy makers and the economists.

The individual people are bound to contribute on the off chance that they don't expect that others can take their profits on speculation without remuneration and the individual has rights to use their particular resources.                                              

Therefore, Option (B) is correct.