Governments can grant private property rights over resources that were previously viewed as public, such as fish or elephants. Why would governments want to do so?
A)to prevent overuse
B)to decrease taxes
C)to fight poverty
D)to increase consumption

Question

Quizplus · Accepted Answer

Governments grant private property rights over resources to prevent overuse, as it incentivizes individuals to conserve the resource for their own benefit, rather than exploiting it without regard for future users.

Governments Can Grant Private Property Rights Over Resources That Were