How Private Property Saved The Early American Colonies And Set The Tone For America And It’s Future

When the Pilgrims settled America, they were saddled with a collectivism economic model and had to share everything. The economic model was a huge failure and the leaders realized that each person needed to own their own property and benefit from it.

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Watch This Video On How Private Property Saved The Early Colonists

This idea of private Property carried with America through Thomas Jefferson and many other leaders. When Thomas Jefferson saw how many people were poor and starving in France, he wrote that it was because of how much wealth was owned by the aristocracy. He believed that American was different because there was so much land and so many landowners.

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The Homestead Act was eventually created to insure that land was not consolidated into the hands of only a few landowners. The Homestead Act was a huge stimulus to the economy when it was passed and allowed many people with little money to obtain land and be self sufficient.

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Even though the Homestead Act was eliminated by Jimmy Carter, the federal and state governments still own vast tracts of land, mineral assets such as oil shale, Timber, gold, silver and many other assets such as bridges and freeways.

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As the United States moves into outer Space, the homestead act could be applied to allow individuals to own a piece of space real estate that could be developed.

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Average people could have a stake in the new space frontier and have a voice in it’s development.

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