Question

In: Economics

discuss the main tenets of any four theories on acquisition of property

discuss the main tenets of any four theories on acquisition of property

Solutions

Expert Solution

Mainly property have many types like movable property and immovable property and real and personal property and finally private and public property.
Mainly the property acquired through main process by way of contract or agreement, and from will of personal property and possession transfer from sale.
Major theories of property are
labour theory
This theory is based on the reality.that means the already existing property like building so this transfer happen in the in the already existing item. It is also known as positive theory.

Natural theory.
This theory is traditionally based theory it is focus on the factor lies on natural base.The acquisition of property is derived from natural cause. That property is protected and used in neatly.

Pshycological theory

According Bentham.this property theory is underline a physchological factor or behaviour of human beings.Every human beings have a tendancy to buy or acquire a property that a physchological factor.

Sociological theory

This based on socio services or socio functional bases not a personal base.Here property acquired for a reason of achievement of social objective.


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