define economical property
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Explanation:
Property rights are constructs in economics for determining how a resource or economic good is used and owned. Resources can be owned by (and hence be the property of) individuals, associations, collectives, or governments. Property rights can be viewed as an attribute of an economic good.
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Property is a term describing anything that a person or a business has legal title over, affording owners certain enforceable rights over said items.
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