Property Rights
Definition
Property rights refer to the legal ownership and control individuals or businesses have over resources, assets, or intellectual property. They allow owners to use, transfer, or sell their property as they see fit.
Related terms
Intellectual Property: Legal rights that protect creations of the mind such as inventions, artistic works, trademarks, and patents.
Eminent Domain: The government's power to take private property for public use with fair compensation.
Zoning Laws: Regulations that dictate how land can be used in specific areas (e.g., residential, commercial).
"Property Rights" appears in:
Subjects (1)
AP US Government
Study guides (1)
AP Macroeconomics - 1.1 Scarcity
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About Us
About Fiveable
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Careers
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.