What is the "tragedy of the commons"?

Question

Quizplus · Accepted Answer

The tragedy of the commons is a situation where individuals act in their self-interest, resulting in depletion or destruction of common resources that are essential to the entire group. In this situation, the individuals benefit from using the resource without taking into account the negative impact it might have on others or the group as a whole. This behavior results in the depletion of the resource, and in the long run, it harms everyone, including the individual who benefited at the initial stage.

What Is the "Tragedy of the Commons