Common Property Resources
Common Property Resources are natural resources that are accessible to all members of a community. These resources include things like forests, fisheries, water bodies, and pastures. They are not owned by any single individual but are shared among the community, which means everyone has the right to use them. However, this shared access can lead to overuse and depletion if not managed properly.
Effective management of Common Property Resources often requires cooperation among community members. Rules and regulations may be established to ensure sustainable use, preventing issues like overfishing or deforestation. By working together, communities can protect these vital resources for future generations while still benefiting from them today.