The Law of Capture, as It Pertains to Water Policy

question 48

Multiple Choice

The law of capture, as it pertains to water policy in Texas, essentially means that

• A) the state owns the water rights because it is sovereign over Texas residents.
• B) the federal government has the right to capture water in Texas because of the supremacy clause in the federal Constitution.
• C) the first person to capture the water by pumping it out of the ground owns it.
• D) the state can capture and tax any business that uses state water without reporting usage statistics to the state water board.

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GDP

Gross Domestic Product, representing the total market value of all final goods and services produced within a country's borders over a given time period.

Productivity Growth

Productivity growth refers to the increase over time in the output of goods and services per unit of input, indicating an improvement in efficiency and economic health.

Standard of Living

The degree of prosperity, ease, consumer goods, and basic needs accessible to a specific social class or location.

GDP

Gross Domestic Product, a monetary measure of the market value of all final goods and services produced in a country during a specific time period.