1. In Costa Rica, only a few beaches remain that are nesting grounds for sea tur
ID: 1173038 • Letter: 1
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1. In Costa Rica, only a few beaches remain that are nesting grounds for sea turtles. Some of those beaches have communities situated near them; traditionally, the local people collected the turtle eggs and sold them for their purported aphrodisiac powers. As a result, sea turtle populations became endangered. To protect the sea turtle populations, the Costa Rican government gave each family in these villages ownership of a portion of the beach to do with as they please, including the harvesting and selling of sea turtle eggs. Sea turtle populations have started to increase. What is the economic rationale for this result?
In Costa Rica, only a few beaches remain that are nesting grounds for sea turtles. Some of those beaches have communities situated near them; traditionally, the local people collected the turtle eggs and sold them for their purported aphrodisiac powers. As a result, sea turtle populations became endangered. To protect the sea turtle populations, the Costa Rican government gave each family in these villages ownership of a portion of the beach to do with as they please, including the harvesting and selling of sea turtle eggs. Sea turtle populations have started to increase. What is the economic rationale for this result?Explanation / Answer
To protect the sea turtle populations, the Costa Rican government gave each family in these villages ownership of a portion of the beach to do with as they please, including the harvesting and selling of sea turtle eggs.Sea turtle populations have started to increase
The economic implication of this is that each person in the country gets a land in his name which increases the productivity of the farm and each gets an additional income.Overall,this increases the per-capita income and hence the GDP of the country .By increasing the production of sea-turtle eggs they can be exported to other countries which increases the national heritage .
The market share in the international market increases making Coasta Rica Prosperous
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