What are the different approaches to using natural resources today?
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Economic approach
In particular, economics provides a model for the sustainable use of renewable natural resources in the form of management tools, such as taxes, quotas, grants, subsidies, standards, licences, permits, property rights, and market rights
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In particular, economics provides a model for the sustainable use of renewable natural resources in the form of management tools, such as taxes, quotas, grants, subsidies, standards, licences, permits, property rights, and market rights.
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