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LSDefine

Simple English definitions for legal terms

Economic Research Service

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A quick definition of Economic Research Service:

Economic Research Service: A part of the U.S. Department of Agriculture that collects and studies information about agriculture in the United States and around the world.

Economic Right: The legal right to make money from something you created, like a book or a song. This is different from the feeling of pride you might have in making something.

A more thorough explanation:

The Economic Research Service (ERS) is a part of the U.S. Department of Agriculture. Its job is to gather and analyze information about agriculture in the United States and around the world.

Economic right refers to the legal right to make money from a creative work. This is different from moral rights, which are the rights a creator has to their work. Economic rights are mostly used in countries that follow civil law.

For example, if a musician writes a song, they have the economic right to make money from that song by selling it or allowing others to use it for a fee. However, they also have moral rights to the song, such as the right to be credited as the creator and the right to prevent others from using the song in a way that goes against their values.

These examples illustrate the difference between economic and moral rights and how they apply to creative works.

economic rent | economics

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