A Resource That Is Publicly Owned and Allocated Under a System

question 25

Multiple Choice

A resource that is publicly owned and allocated under a system of unrestricted access is known as

• A)a socialist resource.
• B)a collective resource.
• C)a common property resource.
• D)a transferable resource.

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Definitions:

Nonparticipating

A term often used in insurance and investment indicating that the holder or policy does not have the right to share in dividends or profits.