The characteristics of bison that helped them seal their fate on the great plain. Concept Introduction: Property rights: It is defined as the legal ownership of a specific thing or resource. When property rights are well defined, then it provides incentive to the owner to protect and care for its resources. Explanation: The bison is a wild animal which is difficult to control and domesticate. This means that such animals cannot be owned by a person so, it is difficult to assign property right. Since, there is no property right assigned to such animal, everyone is in hurry to hunt and harvest them before anyone else can do that. This leads to over hunting and harvesting of such animals. As a result, the population of such animals decline. Hence, the violent and wild characteristics of bison lead to decline in their population in the great plain.

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Chapter 26, Problem 6DQ

To determine

To explain:

The characteristics of bison that helped them seal their fate on the great plain.

Concept Introduction:

Property rights:
It is defined as the legal ownership of a specific thing or resource. When property rights are well defined, then it provides incentive to the owner to protect and care for its resources.

Explanation:

The bison is a wild animal which is difficult to control and domesticate. This means that such animals cannot be owned by a person so, it is difficult to assign property right. Since, there is no property right assigned to such animal, everyone is in hurry to hunt and harvest them before anyone else can do that.

This leads to over hunting and harvesting of such animals. As a result, the population of such animals decline. Hence, the violent and wild characteristics of bison lead to decline in their population in the great plain.

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