In A Mixed Market Economy, Property Owned By An Individual:
a. can be used by all citizens.
b. can help promote personal wealth.
c. can be run by a city or state.
d. can be used by government workers.
The correct answer is b. can help promote personal wealth
Ownership basically defines the property rights of a person over any sort of asset appropriately. The ownership status eliminates the problems caused by free riding. The ownership has valid status when it has legal recognition.