The degradation of commonly held resources is known as _____.
A) the tragedy of the commons
B) open-access degradation
C) sustainable yield
D) pollution
E) government regulation

Question

Quizplus · Accepted Answer

The "tragedy of the commons" refers to a situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resources, even though it is not in anyone's long-term interest for this to happen.

The Degradation of Commonly Held Resources Is Known as _____