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Answer to Question #62237 in Economics of Enterprise for Isaac

Question #62237
How would private ownership of a certain creature/item protect it from destruction?
Expert's answer
Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is a legal concept defined and enforced by a country's political system. Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong.

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