The "Tragedy of the Commons" Is

question 43

Multiple Choice

The "tragedy of the commons" is

• A) the lack of a commons-a common place where people can come together.
• B) the failure to appreciate what we have in common with other species.
• C) that cost-benefit analysis involves value judgments that we do not share in common.
• D) that individual pursuit of self-interest can sometimes make everyone worse off.

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Definitions:

Leadership

The action of leading a group of people or an organization, or the ability to do this by inspiring and influencing others.

Authority

The power or right granted to an individual or organization to make decisions, enforce rules, and command obedience.

Authoritarian

Characterized by strict obedience to authority at the expense of personal freedom.

Goals and Policies

Objectives or targets that are aimed to be achieved, and the principles or rules that guide the actions to reach these goals.