What is one way local governments can safeguard agricultural land while avoiding the high costs typically associated with this effort?

Question

Quizplus · Accepted Answer

Transfer of development rights is a cost-effective way for local governments to safeguard agricultural land. This involves allowing landowners to sell the development rights of their land to developers who want to build on other locations. The landowners can then use the money they earn to maintain their agricultural land, while the developers can still build in areas that are more suitable for development. This approach balances the need for development with the need to preserve agricultural land, without requiring the local government to bear the high costs of land acquisition or development restrictions.

What Is One Way Local Governments Can Safeguard Agricultural Land