One "Design Principle" That Makes Informal,community-Based Solutions to Public Goods

question 25

Multiple Choice

One "design principle" that makes informal,community-based solutions to public goods and common resource problems more effective is:

• A) the government setting clear rules for use.
• B) individual pledges to self-monitor their actions.
• C) clear distinctions between who is and is not allowed to access the resource.
• D) All of these are important to the effectiveness of community-based solutions.

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Definitions:

Squatters Rights

Legal allowances that may permit a squatter to obtain title to land or property under certain conditions.

Capital of the Corporation

The financial resources or assets owned by a corporation, used for its business operations and growth.

Unit Owner

The legal owner of an individual unit within a multi-unit property, such as a condominium or cooperative building.

Registry System

A system for recording and tracking the ownership and transactions of assets, such as real estate or vehicles.