Question

Property rights, such as copyright law, are enforced by the legal system. explain why protecting property right is essential to a market?

a) the government reserves the right to automatically transfer the income to others
b) every individual or businesses has the right to copy other people's goods for profit
c) a market economy relies on the free exchange of goods and services without rules
d) individuals and businesses need to control over profits, use, and distribution

Answer 1

Individuals and buisnesses need control over profits , use, and distinguish of goods