Question 9
MediumOriginal questionWhy was ownership of land by the tiller expected to raise output?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
A tenant who pays a large rent keeps little of any extra output; an owner keeps all of it.
So ownership gives an incentive to invest in irrigation, seeds and care.
- Concept
- Ownership and incentives
- Typical timeTypical
- 70 s
- Your timeYours
- —
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