The tragedy of the commons dilemma

Question

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The tragedy of the commons dilemma continues to be a significant problem in modern society. This refers to the situation where individuals, acting in their self-interest, use a shared resource (such as land or water) without regard for the long-term consequences of their actions. This can lead to depletion or degradation of the resource, which ultimately harms everyone who depends on it. Examples of this include overfishing of ocean stocks, deforestation, and air pollution. While some progress has been made in addressing these issues through government regulation and community management, the problem persists in many parts of the world.

The Tragedy of the Commons Dilemma