Private property | Wikipedia audio article
Channel: wikipedia tts
Date: 26/11/2018

This is an audio version of the Wikipedia Article:
Private property

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SUMMARY
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Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity; and from collective (or cooperative) property, which is owned by a group of non-governmental entities. Private property can be either personal property (consumption goods) or capital goods. Private property is a legal concept defined and enforced by a country's political system.