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Economics - Financial Markets 8 Online
OpenStudy (anonymous):

How and why did the concept of private property developed?

OpenStudy (flexastexas):

Thats probably a hard question to answer as it is kind of a general question, however, during ancient times, when the king and queen owned all land, he/she would award a trusty knight an estate in their name as a token of their gratitude.

OpenStudy (anonymous):

Thank you, I was really confused on how to answer the question but this helps ^_^

OpenStudy (flexastexas):

Yeah that's a tough question. After the knight would die, the receiver written in his will would receive the property and all the rights that come with it. Although in reality, the land has always and still is the governments if they decided to take it away from you.

OpenStudy (dmndlife24):

Sometimes you gotta google it https://answers.yahoo.com/question/index?qid=20110917140231AA5o61r

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