Question : Which of the following best describes 'common property resources'?
Option 1: Resources owned and managed by the government
Option 2: Resources exclusively used by private corporations
Option 3: Natural resources shared by a community with access rights
Option 4: Resources found only in protected wildlife reserves
Correct Answer: Natural resources shared by a community with access rights
Solution : Common property resources are natural resources that are shared by a community, where members have rights to access and use these resources collectively.