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A Modern Example of the Tragedy of the Commons Is

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A modern example of the tragedy of the commons is the forests in many poor countries.


Definitions:

Host Rock

The original rock formation that contains minerals, gems, or other economically valuable materials, or into which ore is introduced during hydrothermal events.

Conventional Oil

Oil that is produced through traditional drilling methods, as opposed to unconventional methods like fracking.

Net Energy Ratio

A measure comparing the amount of energy available from a resource to the amount of energy used to obtain that resource.

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