What did adam smith sqy about property.?

According to Adam Smith, the expectation of profit from "improving one's stock of capital" rests on private property rights. Capitalism has as a central assumption that property rights encourage their holders to develop the property, generate wealth, and efficiently allocate resources based on the operation of markets.

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the award is named for an american naval historian and theorist, rear admiral alfred thayer mahan, united states navy who, through his writing, provided stimulus and guidance to those who share in the defense of the nation.