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  2. Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

This is the question that the essay is going to be about-

Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

– 12 pt font with double spacing

-350-500 words

-use quotes from study guide attached below if possible(Unit 1)

-Intro- body paragraphs-conclusion set up


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