The tragedy of the commons
A)suggests the Club of Rome was wrong.
B)illustrates why community resources might be overused.
C)presents an argument against private property.
D)assumes that individual and collective interests usually coincide.

Question

Quizplus · Accepted Answer

The tragedy of the commons is a situation where individuals, acting in their own self-interest, use a shared resource (such as a pasture or fishery) to the point where it becomes depleted or damaged. This illustrates why community resources might be overused and suggests the need for regulation or management of these resources to prevent their depletion. It does not necessarily argue against private property or imply that individual and collective interests always coincide.

The Tragedy of the Commons