A Private Owner of a Resource Has a Strong Incentive

question 65

Multiple Choice

A private owner of a resource has a strong incentive to

• A) conserve the resource for the future, particularly if it is expected to increase in value.
• B) use the resource today even if its value is expected to increase substantially in the future.
• C) use the resource in ways that impose harm on others.
• D) ignore the wishes of others when deciding how to use the resource.

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Definitions:

Indian Child Welfare Act

A federal law enacted in the United States to protect the best interests of Indian children and promote the stability and security of Indian tribes and families.

Tribal Authority

The power and influence held by leaders within indigenous or tribal societies, often rooted in tradition and communal consensus.

Dominant Culture

The set of cultural practices, beliefs, and values that are powerful or widespread enough to influence the collective behavior of a society or group.

Status

The relative social, professional, or other standing of someone or something.