Question Description
Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.

Here you can find the meaning of Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Slums are not caused by the poor but by the government denying people the right to own and exchange property. When people own their own property they have incentives to invest time, money and energy to improve it because they know that they will be able to benefit from any such improvements, i.e., the ability to obtain mortgage etc. In short, property rights beget capital, which begets innovation, which begets wealth. Sadly, the poor typically do not have a secure title to their land as there are bureaucratic restrictions on transferring title or there is no clear system for titling. Without legal deeds they live in constant fear of being evicted by municipal officials or landlords. Illiteracy is a major reason why the poor people often choose not to seek the protection of local courts.Q.Which of the following prevents the poor from obtaining a license ?a)They do not want to make an effortb)They lack funds to bribe government officialsc)They do not want to pay taxesd)They are intimidated by bureaucratic proceduresCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice SSC CGL tests.