SCIENCE
ENVIRONMENTAL SCIENCES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is not an example of a commons?
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Air
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Privately owned farms
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Ocean
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Rivers
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Explanation:
Detailed explanation-1: -Traffic congestion is one of the best-known modern examples of the tragedy of the commons.
Detailed explanation-2: -Answer and Explanation: The correct answer is c) Subsidizing use of the resource. The reason for the tragedy of commons is that individuals abuse the use of a resource because they have the incentives to take out as much as possible right now, without worrying about its sustainability.
Detailed explanation-3: -Solutions to the tragedy of the commons include the imposition of private property rights, government regulation, or the development of a collective action arrangement.
There is 1 question to complete.