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QUESTION 3 How did sovereign debt (or the Sovereign's debt) play such an important role in the evolution of several of the institutions we've studied?

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QUESTION 3 How did sovereign debt (or the Sovereign's debt) play such an important role in the evolution of several of the institutions we've studied? One, example of many is how sovereign debt was instrumental in the development of property rights. This is only one example. If you can think of a different example write about the one you thought of. I will consider answers with your own ideas as slightly better than just explaining the example I gave. That said, if you can't think of another example explain the dynamics between sovereign debt and property rights. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt A TX

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