Question

modern example of privitising a common resource is

Answer 1

Privitising:-  The transfer of ownership, property or business from the government to the private sector is termed privatization. The government ceases to be the owner of the entity or business. The process in which a publicly-traded company is taken over by a few people is also called privatization.

We Know that a common resource (or the "commons") is any scarce resource, such as water or pasture, that provides users with tangible benefits but which nobody in particular owns or has exclusive claim to. common resources face problems of congestion or overuse, because they are rival. Examples of common resources include irrigation systems, fishing grounds, pastures, forests, water or the atmosphere.

The correct option is (Subsidies).

Hope you got the answer.

Thanks!