Asked by Neshia Colbert on Sep 22, 2024
Verified
What is a common-property resource?
A) an environmentally depleted resource not available for users
B) a resource owned by a group of private owners that is available for all owners
C) a resource that has a number of different uses and is available for all owners
D) no individuals own the resource, and it is available for all users
Common-Property Resource
Natural or man-made resources where access is not restricted to any one individual but is available to an entire community, often leading to overuse or depletion.
Environmentally Depleted
Describes a state where natural resources have been consumed or harmed to a point that significantly lowers ecological quality or capacity.
Private Owners
Individuals or entities that hold exclusive legal rights over properties or businesses, allowing them control over use, management, and transfer of the ownership.
- Understand the concept of common-property resources and their availability.
Verified Answer
RV
Richard Vitoe Sackey5 days ago
Final Answer :
D
Explanation :
A common-property resource is a resource that is not owned by any individual or group, and is available for all users. Examples include ocean fisheries, public parks, and the atmosphere.
Learning Objectives
- Understand the concept of common-property resources and their availability.