Question

what are some of the advantages and disadvantage of property rights? explain

what are some of the advantages and disadvantage of property rights? explain

Homework Answers

Answer #1

Some advantages of property rights are –

  1. Its allows person to have full authority over his area or full plot of land.
  2. It protects them from future threat, as private property can give them monetary benefit incase of emergency.
  3. It allows private owner to do more investments on their land, as they have security right over it and nobody can claim it.

Some disadvantages of property rights are –

  1. It leads to capitalism as the owner of the land, tries to put labour at a very low cost consuming the entire benefit of the land for himself.
  2. It provokes greediness, as person with money and power will try to take over most of the land he can with his power and influence.

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