When the Government Privatizes a Common Resource,it Does All of the Following

question 15

Multiple Choice

When the government privatizes a common resource,it does all of the following except:

• A) forces the owner to consider all the costs and benefits of their consumption choices.
• B) creates excludability.
• C) increases efficiency.
• D) increases undesirable side effects.

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Definitions:

Bartolomé de Las Casas

A 16th-century Spanish historian and Dominican missionary who advocated for the rights of Indigenous peoples in the Americas.

African Slavery

The forced enslavement of African people, primarily seen in historic contexts such as the transatlantic slave trade to the Americas.

Native Americans

The indigenous peoples of the United States, including those who were present prior to European colonization as well as their descendants.

Pueblo Revolt

Uprising in 1680 in which Pueblo Indians temporarily drove Spanish colonists out of modern-day New Mexico.