African Elephant Populations Have Declined by More Than 50% Over

question 84

Essay

African elephant populations have declined by more than 50% over the past 20 years due mostly to the slaughter of these beautiful animals for their ivory tusks. Neither government bans on the hunting of these elephants nor a worldwide ban on the sale of ivory has been able to help increase elephant populations. A handful of African countries, however, established systems of private property rights over elephants-essentially assigning ownership of the elephants to individuals. Will this new system help to increase elephant populations? Explain why or why not. Will this new system eliminate elephant hunting?

---

Definitions:

Corporate Earnings

The profit a company makes after deducting the costs of doing business, such as expenses, taxes, and more, usually reported quarterly.

Stock Prices

The current price at which a share of a company is bought or sold in the market.

Stock Price Performance

An assessment of how the price of a specific stock or the overall stock market has performed over a given period.

Industry

A category of companies that produce or supply similar products, services, or sources of income.