Question

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Property rights regimes are classified under what basis?
The classification of property rights regime based on the whether the resource is excludable and
in nature.

Answer 1

Answer: rival

Step-by-step explanation:

I did edmentum and I put the answer that was before if after this and it was wrong ik ng and it gave me the right answer

Answer 2

The answer is below

Step-by-step explanation:

The classification of property rights regimes is based on the OWNERSHIP.

There are four different types of property-rights regimes based on ownership with each type having its owners' rights, duties, and access. This includes the following:

1. Private Property owned by an individual can be accessed by the permission of the owner only.

2. Common property (public closed access): owned by collective individuals and can be accessed by the permission of the members only.

3. State Property: owned by the government and can be accessed by everybody

4. Open Access Resources: owned by nobody, and can be accessed by everybody.