Resources that are privately owned are less likely to be depleted than resources that are not privately owned.

Question

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Privately owned resources tend to be managed more sustainably because the owners have a direct interest in preserving the value of their resources for future use or profit, whereas resources that are not privately owned (common resources) often suffer from overuse and depletion due to the "tragedy of the commons," where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting the resource.

Resources That Are Privately Owned Are Less Likely to Be