What is it called when individual fishing boats harvest more fish each year in order to maximize profits while,as a result,threatening the fish population with extinction?

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Quizplus · Accepted Answer

The tragedy of the commons refers to a situation where individuals, each acting in their own self-interest, collectively end up depleting a shared resource (in this case, fish stocks) to the point of extinction. This happens because no single individual has an incentive to limit their own fishing activities, and without collective action to manage the resource, everyone ends up overfishing.

What Is It Called When Individual Fishing Boats Harvest More