BU Unit 1 Running out of Agricultural Land & Protecting Endangered Species Discussion

Question Description

o Requirements: Write a minimum 500-word response for each of the above questions in APA format. Include biblical integration. Your analysis needs to relate the relevant economic concepts learned so far and be sure to justify your arguments.

o Read: Running Out of Agricultural Land (Dwight R. Lee)o According to this article, relate to the case Protecting Endangered Species withPrivate Property Rights in Chapter 2, discuss the key economic concepts areaddressed in both articles. Explain why the private ownership is essential toindividuals, firms, and the market economy? Without the protection of privateownership, what might happen to the economy?

Textbook: Gwartney, J. D., Stroup, R. L., Sobel, R. S., & Macpherson, D. A. (2018). Economics: Privateand public choice (16th ed.). Boston, MA: Cengage Learning.ISBN-13: 9781305506725

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