EVERYDAY SCIENCE

SCIENCE

ENVIRONMENTAL SCIENCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the definition of the tragedy of the commons?
A
when humans overuse a natural resource
B
when the short-term, positive effects go to the individual, while the long-term, negative effects are spread out to the group
C
when humans act selfishly, thinking of the own interest
D
when plants and animals compete for space, resources, and/or food
Explanation: 

Detailed explanation-1: -What Is the Tragedy of the Commons? The tragedy of the commons refers to a situation in which individuals with access to a public resource (also called a common) act in their own interest and, in doing so, ultimately deplete the resource.

Detailed explanation-2: -The ‘tragedy of the commons’ refers to the situation when individuals, acting rationally in their own self-interest, nonetheless act irrationally as a collective group by irreparably depleting a resource that is owned in common. The current climate change crisis is an example of ‘the tragedy’ on a global scale.

Detailed explanation-3: -In economics, the Tragedy of the Commons is a scenario in game theory. It’s a situation where a commonly shared resource is over-exploited because the users of the resource do not have a private incentive to maintain it. But, if nobody maintains the resource, everyone is made worse off than if it had been maintained.

Detailed explanation-4: -First posited in 1968 by American ecologist Garret Hardin, the Tragedy of the Commons describes a situation where shared environmental resources are overused and exploited, and eventually depleted, posing risks to everyone involved.

There is 1 question to complete.