Man has a tendency to misuse or overexploit any resource that is held in common public ownership.

Question

Quizplus · Accepted Answer

This statement reflects the concept known as the "Tragedy of the Commons," where individuals, acting independently and rationally according to each one's self-interest, behave contrary to the whole group's long-term best interests by depleting or spoiling shared resources through their collective action.

Man Has a Tendency to Misuse or Overexploit Any Resource