An asset that is not created by a person or an entity, but by the universe’s creator (the Almighty). A common asset does not belong to a particular person, a group of persons, or a country, but to the human kind, everywhere, and across the ages. It is naturally created and developed without the intervention of human beings.
Examples of common assets are minerals, metals, fossil fuels, woods, and other types of natural resources and endowments. Other forms of such assets include the ozone, the atmosphere (particularly its protective and waste absorption capacity), the sunlight, etc. Common assets also include assets that are collectively created to the benefit and use of the common (or the so-called socially created assets). These assets include markets (e.g., the stock market), the internet, and the monetary system.
Common assets, though free of charge and widely accessible, are extremely necessary for all people and societies on the planet.
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