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'''Personal property''' is property owned by a person for their own use, i.e. their possessions. Examples include one's toothbrush, car, phone etc. This is not to be confused with [[private property]], although there is no distinction made by [[Capitalism|capitalist]] economics. | '''Personal property''' is property owned by a person for their own use, i.e. their possessions. Examples include one's toothbrush, car, phone etc. This is not to be confused with [[private property]], although there is no distinction made by [[Capitalism|capitalist]] economics. | ||
[[Category:Economic concepts]] | |||
Latest revision as of 22:10, 23 November 2024
Personal property is property owned by a person for their own use, i.e. their possessions. Examples include one's toothbrush, car, phone etc. This is not to be confused with private property, although there is no distinction made by capitalist economics.