Answer:
Resources are scarce, meaning that there aren't enough to satisfy everyone's desires for using those resources. This situation leads to conflict, because if one person uses a good to satisfy his goals, someone else won't be able to. Property rights provide an orderly way to determine which person gets to decide how a good will be used, and how that ownership can be transferred to a different person. Sample Partial Credit Answer Without property rights, people would always fight over resources.