Which of the following represents the most efficient solution to the Tragedy of the Commons?
A)quotas
B)taxes
C)privatizing public lands
D)environmental regulation

Question

Quizplus · Accepted Answer

Privatizing public lands allows individuals to take ownership and responsibility for the use and conservation of the resource. When individuals have a personal stake in the resource, they are more likely to use it sustainably and prevent overuse or degradation. This has been shown to be an effective solution in cases such as fisheries and forest management. Quotas, taxes, and environmental regulation rely on government intervention and enforcement, which can be difficult to implement and enforce effectively.

Which of the Following Represents the Most Efficient Solution to the Tragedy