Although it might cause a great deal of harm in the long run, individual companies have an economic interest in fossil fuels. What is it called when the pursuit of individual gain leads to loss for a larger group?
A) social change
B) a tragedy of the commons
C) a fad or fashion
D) a public goods dilemma
E) alter-globalization

Question

Quizplus · Accepted Answer

This is known as a tragedy of the commons, where individuals pursue their own self-interest at the expense of a larger group or common good. In this case, the common good being harmed is the environment and the global climate.

Although It Might Cause a Great Deal of Harm in the Long