Rationalizing property rights facilitated the construction of infrastructure, particularly roads, canals, and later railways, that would be crucial for industrial growth in post-Glorious Revolution Britain. Secure private property rights are central to innovation since only those with such rights will be willing to invest and increase productivity. Secure property rights rely on the state, the institution with the ability to impose order, prevent theft and fraud, and enforce contracts between private parties.
The use of laws involving ideas like property rights are part of what concept that promotes economic activity, growth, and prosperity?
A) Incentives
B) Amparo
C) Enticement
D) Repartimiento
Answer:
The use of laws involving ideas like property rights are part of Amparo that promotes economic activity, growth, and prosperity.
Correct option: B] Amparo.
Explanation:
This is an action that is done so as to protect all the rights of the community which is not specifically safeguarded by the constitution of one that has a constitutional rank. These includes various civil rights, rights to property and security etc.
Rationalizing property rights facilitated the construction of infrastructure, particularly roads, canals, and later railways, that would be crucial for industrial growth in post-Glorious Revolution Br...