Define Common Pool Resources. Underline the significance of CPRs in rural economy.

Common Pool Resources (CPRs) are natural or man-made resources where one person's use reduces availability for others, but excluding potential users is difficult. These resources exhibit characteristics of both private and public goods, leading to challenges in their governance and sustainable management. Examples of CPRs include forests, fisheries, groundwater, grazing lands, and irrigation systems.

Significance of CPRs in Rural Economy

1. Livelihood Support
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