Answered

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27. The right of the government to take private property for public use is known as:

A. eminent domain
B. opportunity cost
C. business cycle
D. economic systems

Sagot :

GinnyAnswer

Final answer:

Eminent domain is the government's right to take private property for public use, providing fair compensation to owners.


Explanation:

Eminent domain is the right of the government to take private property for public use after compensating its owner. This power is outlined in the Fifth Amendment of the United States Constitution, ensuring that property owners receive fair compensation when their land is taken for public benefit.

One key aspect of eminent domain is that the property must be used for a public purpose, such as building roads, schools, or parks. The government must pay the property owners a fair price for their land to uphold the principle of just compensation.


Learn more about Eminent domain here:

https://brainly.com/question/2093245


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