Explain how privatizing endangered species (private ownership) will save them from extinction. Give an example. (approximately 5 sentences) Also, explain why prohibiting trade of endangered species will accelerate their rate of extinction. Be sure to discuss the tragedy of the commons, and the prisoner's dilemma in your answer. (About 8sentences)

Respuesta :

Answer: The privatization of endangered species will reduce their chances of extinction.

Explanation:

The endangered species are those species which are low in numbers, their population will reduce or extinct in the near future. The privatization of these animals will protect them from dangers of trafficking, predation, habitat loss, and death due to natural disaster. Animals like elephant, monkey, tiger, lion are privatized to protect their extinction.

The trade of hides, teeth, ivory, flesh, horn, and other parts of the endangered animals will accelerate the rate of extinction. Prohibition of trade will allow the agents of trafficking to get chances of killing and stealing animal parts to a large number.

The tragedy of commons suggests that people neglect the well being of the society for personal gain. Those people who exploit the resources from endangered species causing harm to the nature as they are responsible for reducing biodiversity.

Extinction is defined as the elimination of species due to natural or human-made factors. The species are necessary to preserve the ecosystem and biodiversity.

The private ownership of endangered species (species on the verge of extinction)can save the species from extinction. Private ownership will reduce their chances of being hunted, exported, traded, predation, loss of habitat, and death due to natural calamities.

The animals like elephants, monkeys, crocodiles, snakes, and lions are categorized in private ownership to prevent their extinction.

The ban on the trading of endangered species can or might save the species from extinction, but it can also backfire leading to market booms. The prohibition will allow the traders to follow animal trafficking and stealing, which can result in an increased rate of extinction.

The killing of animals for ivory, fur, skin, teeth, and flesh and selling them in the black market will lead to an increase in their rate of extinction.

The tragedy of commons refers to the negligence of the social surrounding for personal gains. The people who exploit resources and cause harm to endangered species are indirectly harming nature, and therefore responsible for the reduction in biodiversity.

To know more about the extinction of species, refer to the following link:

https://brainly.com/question/881708