The Essential Cause of the Tragedy of the Commons Is

question 49

Multiple Choice

The essential cause of the tragedy of the commons is the fact that:

• A)marginal costs are increasing.
• B)one person's use of a commonly held resource imposes an external cost on others.
• C)people do not always specialize according to their comparative advantage.
• D)governments may choose not to tax activities that generate negative externalities.

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Definitions:

Sociological Perspective

An approach to understanding human behavior by placing it within its broader social context, often examining social structures and institutions.

Peter Berger

An influential American sociologist best known for his work in the sociology of knowledge, religion, and his co-authorship of "The Social Construction of Reality."

Young Adulthood

A stage of human development that occurs roughly between the ages of 20 and 40, characterized by the pursuit of independence, identity formation, and the establishment of intimate relationships.

Erikson

Erik Erikson, a developmental psychologist and psychoanalyst known for his theory on the psychosocial development of human beings.