After reading the assigned material on Economic and Takings, Write a 2 to 3 page paper on the following subject. Type you response in the text box below or prepare your response with your word processor and copy and paste to the box below. Do not submit any printed papers.
Consider some of the following questions in your Wrap Up. Should affected individuals or corporations be compensated whenever the actions of government diminish property values? If so, should people whose property values have increased as the result of governmental action have to cough up the increase? May the government condemn property and turn it over to a private developer? Describe some types of "private property" that the government may not take without just compensation? What about personal property such as a car? Does it include intellectual property such as rights under copyright law in a song?