What is defined as anything that can be owned?

The correct choice, property, refers to anything that can be owned, which encompasses both tangible assets like land and buildings, as well as intangible assets such as intellectual property and rights. In legal and economic terms, property is essential to individual ownership, enabling people to control resources and transfer or sell their ownership rights. This concept extends to various forms of ownership, including personal property that belongs to individuals and real property that pertains to land and structures.

In contrast, government represents an organized system for ruling a community or nation and does not refer to ownership. The term consent of the governed pertains to the principle that a government's legitimacy comes from the approval of its citizens, not to ownership. Majority rule is a decision-making principle often used in democratic systems, emphasizing that decisions made by a majority of voters prevail, but it also does not pertain to ownership. Thus, property is the only term here that encompasses the notion of ownership.