Overuse of a Common Resource May Be Avoided by All

question 36

Multiple Choice

Overuse of a common resource may be avoided by all of the following methods except

• A)charging for the use of a common resource.
• B)issuing tradable permits for the use of a common resource.
• C)government taking over ownership of all private common resources.
• D)setting quotas or legal limits on the quantity of the common resource consumed.

---

Definitions:

Linguistic Relativity Hypothesis

The theory suggesting that the structure of a language affects its speakers' worldview or cognition.

Fordism

A manufacturing philosophy that aims for mass production and high efficiency, characterized by large-scale industrial processes and assembly line production.

Taylorism

Refers to a scientific management theory developed by Frederick Winslow Taylor, emphasizing efficiency, productivity, and systematic organization of work.

Scientific Management

A management theory that analyzes work flows to improve economic efficiency, especially labor productivity, by employing empirical research methods.