What are the various uses of common property resources?
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Definition: Common property resources (environmental) are natural resources owned and managed collectively by a community or society rather than by individuals.
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The use of the term "common property resource" to designate a type of good has been criticized, because common-pool resources are not necessarily governed by common property protocols. Examples of common-pool resources include irrigation systems, fishing grounds, pastures, forests, water or the atmospher.
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