their is a possessive pronoun: as a possessive marker it modifies the noun 'time' and as a pronoun it refers back to 'They'.
They took they're time.
they're is a subject pronoun (i.e. they) plus a contracted verb (i.e. are). Simple sentences have only one verb phrase, not two as in 'They took' and 'they're'. Subject pronouns (e.g. They, We, She) occur before the verb and object pronouns (i.e. them, us, her) occur after the verb. The pronoun 'they' cannot modify a noun. 'their' is used to modify a noun.
They took there time.
there can be an adverb of place (e.g. I agree with you there) or a noun of location (e.g. They took us there - to that place).
their(is apossesion prounon of there) for instance
he-his (he has agood cell phone- did u see his mobile phone?)
she-her (she has new notebook - did u see her new notebook?)
they-their (they have their luggages- they prepared they luggages for travelling.)
here, there . we are using them when we refer to specific place, this place almost near.
here ( can u come here plz?)
there ( can u see them there?, yes i can)
They're = they are
ex: They are nice people/ They're nice people (they= pronoun + are= verb)
There ex1: There are a lot of apples in the basket. (don't know what type of word it is,though)
ex2: I don't want to go there! (I don't want to go to that place, adverb of place)
their= possessive pronoun, the correct one here ;-)
ex: I love their house. (the house that belongs to them)
I keep seeing this being done wrong, by supposed natural English speakers as well. If they stopped to think what they're trying to say, would they get it right?
their - something that belongs to them there - referring to a place, answer to where
they're - short for they are
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