Common Property Resources

Common Property Resources are natural resources—like lakes, forests, or grazing lands—that are accessible to all members of a community or group. Because no single individual owns them, everyone has the right to use these resources, but this can lead to overuse or depletion if not managed properly. Such resources require collective management and regulation to ensure they are maintained sustainably for everyone's benefit, preventing the "tragedy of the commons" where individual use harms the resource's availability for all.