In: Economics
discuss the main tenets of any four theories on acquisition of property
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.