The city of Philadelphia buys all of the houses on the street where you live so it can knock them all down and build a new stadium for the Philadelphia 76ers basketball team. This... The city of Philadelphia buys all of the houses on the street where you live so it can knock them all down and build a new stadium for the Philadelphia 76ers basketball team. This is an example of what?
Understand the Problem
The question is asking what concept is illustrated by the action of a city buying all the houses in a street to build a stadium. This could relate to concepts such as eminent domain or urban development.
Answer
Eminent domain
The final answer is eminent domain.
Answer for screen readers
The final answer is eminent domain.
More Information
Eminent domain is the power of a government to take private property for public use, with compensation provided to the owner.
Tips
A common mistake is to confuse eminent domain with simple real estate transactions. Eminent domain involves compulsory acquisition by the government.
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