Property is the personal belongings of any individual. It can be any attribute or any component. Properties can be owned personally, through joint collaboration of a group of member, through legal agreement or entity like any corporation or even any society. The nature of the property decides whether the owner can consume it, alter it, share it, redefine it, pawn it, sell it, mortgage it, exchange it, transfer it or just give it away. Once any property is sold any damage to the property is the sole responsibility of its owner.
In our political economy and social economy there are three main forms and other minor forms of property:
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