Question : The effective management of common property resources is crucial for:
Option 1: Ensuring unlimited access to resources for all
Option 2: Maximizing short-term economic gains
Option 3: Preventing overuse and ensuring long-term sustainability
Option 4: Centralizing control over resource distribution
Correct Answer: Preventing overuse and ensuring long-term sustainability
Solution : The effective management of common property resources is crucial for preventing overuse and ensuring long-term sustainability, as it involves collective decision-making and responsible use.