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Social network survey #2 regarding Intellectual Property - "like" if you agree: 1: The need for property rights arises from the possibility of conflict over scarce resources. Non-scare resources such as ideas not scare, since sharing an idea does not take it away from any other holder of that idea. Treating ideas as property by granting intellectual monopolies creates scarcity where it had not existed before. "Intellectual property" is a redistribution of the rights of tangible property o...