Final answer:
Private property is a type of ownership that includes the full bundle of rights, such as the right to exclude others, transfer or sell the property, use it as desired, and profit from it.
Step-by-step explanation:
The type of ownership that includes the full bundle of rights is called private property. Private property refers to the legal concept of exclusive ownership and control over a particular asset, such as land, buildings, or intellectual property.
When someone owns private property, they have several rights, including the right to exclude others from using or accessing the property without permission, the right to transfer or sell the property, the right to use the property as they see fit (within legal limits), and the right to profit from the property.
For example, if a person owns a house as private property, they have the right to live in it, rent it out to tenants, sell it to another person, or make modifications to it without interference from others.