Private Ownership of Land

By: EconomyWatch   Date: 21 April 2010

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Private Ownership of Land is practiced mainly in the democratic countries. The individual holding the land is entitled to take any kind of decision regarding the land. Only leaving out the forests any other kind of land can be a private property.

History of Private Ownership of Land

This system was first introduced in Europe. Time was changing and Europe was moving ahead with technological and economic progress. To cope with the changing times the system of private land ownership was introduced. However, there are certain prerogatives of achieving the positive results through the system of private land ownership. Europe introduced this system to take advantage of the colonies.

Factors Leading to Private Ownership of Land

There were several factors leading to the private ownership of land. The increase in the population was responsible for the declining rate of arable land. Hence, the amount of land made available to people was decreasing day by day. The other reason behind the adoption of this system is the incapability of a country to adapt its economy in accordance with the changing times. This led to accumulation of land in the hands of a chosen few which caused great harm to the poor people because they were exploited by the rich. In the present times different types of land ownership systems exist.

Types of Private Land Ownership

There are two types of land ownership systems under the private land ownership program. They are:

  • Small Land Holdings- The small land holdings are used for cultivation by the landholder himself and whatever surplus he produces is his profit. But this is not a very good idea always because as soon as the productivity of land decreases the farmer has to search for other means to sustain himself lest he becomes indebted. The ecological balance is also lost in such cases.
  • Large Land Holdings- This is a system in which the owner does not plow his own land instead he might lease out his land and earn lots of money. The money is not usually reinvested. The agricultural production is not really encouraged rather receiving a healthy amount of money is the concern of the owner. Situations changed after the Green Revolution when the land owners thought that it would be more profitable to plow their own lands.

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