What is the difference between private and public ownership in the context of the beach example?
1) Private ownership allows exclusive access to the beach, while public ownership allows access to everyone.
2) Private ownership restricts access to the beach, while public ownership allows free access to everyone.
3) Private ownership requires a membership fee for access to the beach, while public ownership is free for everyone.
4) Private ownership allows commercial activities on the beach, while public ownership restricts commercial activities.