QUESTION IMAGE
Question
private property is land or goods
○ owned by the government.
○ owned by an individual.
○ used by state officials.
○ used for taxation.
Brief Explanations
Private property is defined as property (land or goods) owned by an individual (or a private entity), not the government. The other options: government - owned would be public property; use by state officials doesn't define private property; and use for taxation is not the defining characteristic of private property.
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B. owned by an individual.