Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Business Economics-Discussion

Business Economics-Discussion

Q Before posting to this Discussion Board you need to view the video posted in this week's assignment-video folder. Include your views on eminent domain and private property rights. https://mobap.instructure.com/courses/14980/files/1351415?module_item_id=549040&fd_cookie_set=1

View Related Questions

Solution Preview

The Eminent Domain is a U.S. law that allows the government to take the private property and to use that for the public goods. One of the main conditions of the Eminent Domain is that to take the property of the individual, the government has to provide the compensation to the owner ("Annotation 14 - Fifth Amendment", 2019). As it has been mentioned in the video, initially the Eminent Domain law has been used to develop the public goods like the road, park, and bridge, but as the corporations got a power, Eminent Domain has been used for the corporate gains.