What are some benefits to private ownership? Select three answers.Private ownership provides offices for government workers.Private ownership provides land or goods for all citizens to use.Private ownership can make it possible for a business to earn money.Private ownership might help a person move to another economic class.Private ownership allows a person to own goods that may increase in value.

Private ownership is a type of system that allocates objects and things to a particular individuals to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. Legally, private ownership refers to the ownership of property by non-governmental legal entities. Financial benefits or loss,that may arise from the ownership of the property is left to the owner alone to manage.

swatiupadhyay714 swatiupadhyay714 · Answer 2 · 2021-12-02T14:22:27+01:00

Ownership is termed as the state or the fact that the owns the rights and the control over the property or the following asset of the firm or the corporate.

The correct options are:

Private ownership can make it possible for a business to earn money

Private ownership might help a person move to another economic class

Private ownership allows a person to own goods that may increase in value.

Private ownership is a type of system that allocates objects and things to a particular individual to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. Legally, private ownership refers to the ownership of property by non-governmental legal entities. Financial benefits or loss, that may arise from the ownership of the property are left to the owner alone to manage.

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