Question

If a rancher prevents a thief from taking his cattle he is enforcing which principle of capitalism

A. Freedom of Enterprise

B. Self- Interest

C. Private property

Answer 1

C. Private property. The rancher is taking care of his property because it belongs to him, it has taken him years of work and he has the right to demand respect for his property and he fights so that the thief does not take his cattle. This is a fundamental principle of capitalism that suggests the right of defense to private liberty.