Which of the following quotations illustrates the Tragedy of the Commons?
A)"Too many cooks spoil the pot."
B)"The only difference between the rich and other people is that the rich have more money."
C)"What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others."
D)"Anyone who is not a socialist before he is 30 has no heart; anyone who is still a socialist after he is 30 has no head."

Question

Quizplus · Accepted Answer

This quote by Aristotle highlights the Tragedy of the Commons, which refers to the depletion of a shared resource due to individuals acting in their self-interest rather than in the interest of the common good. The quote suggests that people take better care of things that they own individually, rather than things that they possess in common with others. This can lead to overuse and destruction of shared resources. The other quotes do not relate specifically to the Tragedy of the Commons.

Which of the Following Quotations Illustrates the Tragedy of the Commons