Examlex
The social cost of cutting trees for firewood in a government forest is
Economic Growth
An increase in a country's production of goods and services over a period, often measured by the rise in its Gross Domestic Product (GDP).
Environment
Refers to the natural world, including the air, water, and land in which people, plants, and animals live.
Tragedy of the Commons
This concept describes a situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resources through collective action.
Public Grazing Plots
Areas of land made available by governments or local authorities for the grazing of livestock by the public or specific community members.
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