The major problem with common ownership is that,too much of the commonly owned is consumed,and not enough is produced.

Question

Quizplus · Accepted Answer

Common ownership can lead to the tragedy of the commons, where individuals have no incentive to conserve or preserve a commonly owned resource and therefore consume it at an unsustainable rate without producing enough to replenish it. This leads to depletion and degradation of the resource.

The Major Problem with Common Ownership Is That,too Much of the Commonly