Asked by Chynna Hughes on Jun 20, 2024
Verified
One of the worst systems for encouraging conservation of fisheries is the combination of total allowable catch (TAC)with individual transferable quota (ITQ).
Total Allowable Catch
The maximum quantity of a particular fish species that can be caught within a specified area and time frame to prevent overfishing.
Individual Transferable Quota
A system in resource management where individuals or companies are allocated a certain amount of a resource and can buy, sell, or trade parts of that quota.
Fisheries
Places where fish are raised or caught in significant numbers, often critical for food supply and employment in certain regions.
- Understand the function of property rights in the conservation of resources and the administration of environmental efforts.
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Learning Objectives
- Understand the function of property rights in the conservation of resources and the administration of environmental efforts.
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