Final answer:
Ownership of physical/environmental resources, protected by property rights, is crucial in determining their use, impacting economic growth, and influencing the movement of products, money, and people.
Step-by-step explanation:
The ownership of physical/environmental resources is pivotal in determining their utilization due to property rights, which allow individuals and firms to use these resources as they see fit. When property rights are properly protected and enforced by a nation's rule of law, it creates a stable environment where economic growth can occur, and markets can function effectively and efficiently. This ownership also enables the entry into contracts, which are essential for the distribution and management of resources. As a result, the creation, distribution, and management of key natural resources have a significant influence on the location and patterns of movement of products, money, and people within an economy, affecting trade and population migration.