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Question : Common property resources are characterized by:
 

Option 1: Private ownership and individual management
 

Option 2: Open access with no rules or regulations
 

Option 3: Collective management by a community or group

   

Option 4: Government control and centralization


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Collective management by a community or group


Solution : Common property resources are characterized by collective management by a community or group, with rules and norms established to ensure sustainable use and equitable access.

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