Concept information
Preferred term
commons (economics)
Definition
- The commons refers to an open-access resource, usually land, which is available for community use. In urban areas, it is often public property, such as Boston Commons or New York's Central Park, where access is unrestricted even for noncitizens. [Source: Encyclopedia of Business Ethics and Society; Commons, The]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/commons_(economics)
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