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Brian Lewellen
on Nov 26, 2024

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The tragedy of the commons occurs primarily

A) where government subsidies are present.
B) when incentives to preserve are strongest.
C) where property rights are lacking.
D) on privately held lands.

Tragedy of the Commons

A situation where individuals, acting independently and rationally according to their own self-interest, deplete or spoil shared community resources through their collective action.

Property Rights

Property Rights refer to the legal entitlements that determine the ownership and use of resources, including land, buildings, intellectual property, and personal possessions.

  • Understand the importance of managing resources sustainably within the realms of forestry and fisheries.
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Daniel AriizumiDec 02, 2024
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