Which of the following is true regarding private ownership?
A) Relative to common ownership, private ownership generally leads to less conservation of resources.
B) With private ownership, owners are held accountable for using their resources in a manner that harms the resources of others.
C) Private ownership generally gives the owner little incentive to find ways to use the resource wisely.
D) With private ownership, resource owners have little incentive to consider the preferences of others when deciding how to employ a resource.

Question

Quizplus · Accepted Answer

Private ownership holds owners accountable for the use of their resources, especially if it harms others, encouraging responsible management and conservation.

Which of the Following Is True Regarding Private Ownership