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.
