Answer:
The correct answer is a. encourage individuals to produce efficiently and undertake productive activities.
Explanation:
The right to property is the legal and immediate power that a person has to enjoy, dispose and revindicate on an object or property, without affecting the rights of others or exceeding the limits imposed by law.
The property right covers all material assets that may be appropriate, useful, of limited existence and that may be occupied.
That is, if a person owns a space of land in which a sweet potato crop grows, therefore he owns the sweet potatoes that are harvested there and can do with them what seems most convenient, that is, sell them, give them away or donate them, always within the framework that limits the law.
Answer:
The answer is below:
Explanation:
Services are a byproduct of a business firm which is done in exchange for money. However, unlike the products or goods, it has its distinct features or characteristics.
Hence, there are various Features of services, some of which includes the following:
1. Intangibility: they are not tangible or cannot be touched
2. Perishability: they cannot perish like goods
3. Inseparability: services under the ae work or elements cannot be separated like goods
4. Heterogeneity: the quality of services is diverse, hence, the price and time of delivery vary.
5. Ownership: unlike the goods, when it comes to services the person rendering services is the one that tends to move around.
Answer:
A nation's economic system is the combination of policies, laws, and choices made by its government to establish the systems that determine what goods and services are produced and how they are allocated. Economics is the study of how a society uses scarce resources to produce and distribute goods and services.
Answer: A - Can show if the economy is growing or shrinking
Explanation: i got it right on EDG 2020
