Why Do Many People Consider the Open Ocean to Be

question 1

Multiple Choice

Why do many people consider the open ocean to be an example of a commons?

• A)It is because many different populations of fish congregate in the open ocean.
• B)It is because no one owns the oceans, the fisheries are international.
• C)It is because the open ocean is an excellent region for aquaculture.
• D)It is because there is a very high biodiversity in the open ocean.

---

Definitions:

Consumption

The use of goods and services by households or individuals, representing the final use of produced goods and services in an economy.

Horizontal Equity

is a principle in taxation that mandates taxpayers with similar income or assets should be taxed at the same rate.

Tax Burdens

Tax burdens refer to the economic impact of taxes on individuals or corporations, often measured as a percentage of income or profits.

Ability to Pay

The principle suggesting that taxes should be levied according to an individual's or entity's capacity to pay, typically related to income or wealth levels.