Discussion
Which of the following is true about common property resources ?
(A) These are owned by government.
(B) These are owned by private companies.
(C) These are owned by communities.
Answer: A
Statements A and C are true, so the answer is Only (A) and (C).
Common property resources are resources such as village grazing grounds, ponds, burial grounds and community forests that are open to use by all members of a community rather than by one owner. They are owned either by a community, such as a village, or by the government, which holds the land while the local people use it in common.
Statement B is false: a resource owned by a private company is private property, the opposite of a common property resource, because the owner can exclude others from it. Every option containing B is therefore wrong.
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