Question : Common property resources differ from public resources in that:
Option 1: They are privately owned and managed
Option 2: They are managed collectively by a community
Option 3: They are freely accessible to everyone without restrictions
Option 4: They are exclusively controlled by the government
Answer (1)
10th Jan, 2024
Correct Answer:
They are managed collectively by a community
Solution : Common property resources are managed collectively by a community, which sets rules and regulations for their use, whereas public resources are generally freely accessible to everyone or controlled by the government.
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