Question : What are 'common property resources'?

Option 1: Resources owned by individuals

Option 2: Resources owned by the government

Option 3: Resources shared by a community

Option 4: Resources exclusive to a particular region

Question : What are traditional property resources?
 

Option 1: Resources owned by multinational corporations
 

Option 2: Resources managed by local communities based on traditional practices
 

Option 3: Resources found only in industrialized countries

Option 4: Resources that are freely available to everyone

Question : Common property resources differ from public resources in that:
   

Option 1: They are privately owned and managed
   

Option 2: They are managed collectively by a community
   

Option 3: They are freely accessible to everyone without restrictions

Option 4: They are exclusively controlled by the government

Question : What is a major challenge in managing common property resources?

Option 1: Privatization of all natural resources

Option 2: Lack of community involvement

Option 3: Excessive government regulation

Option 4: Abundance of resources

Question : The management of common property resources often involves:
  

Option 1: Centralized control by a single authority
 

Option 2: Privatization and commercialization
   

Option 3: Collective decision-making and shared responsibilities

Option 4: Unregulated access and use by all individuals