Question : Common property resources are characterized by:
Option 1: Exclusive private ownership
Option 2: Open access to all without any restrictions
Option 3: Collective management and use by a community
Option 4: Strict government control and regulation
Answer (1)
23rd Jan, 2024
Correct Answer: Collective management and use by a community
Solution : Common property resources are resources that are collectively managed and used by a community or group, rather than being privately owned or freely accessible to everyone. This management approach helps ensure sustainable use and conservation of the resources.
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