The 'Tragedy of the Commons' Refers to the Phenomenon Where

question 51

Multiple Choice

The 'tragedy of the commons' refers to the phenomenon where

• A)individuals are free riders.
• B)people overuse a common resource.
• C)people do not internalise an externality.
• D)there is rivalry in consumption.

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Definitions:

Desert

A barren area of landscape where little precipitation occurs, thus supporting only sparse vegetation or none at all.

Plate Tectonics

The scientific theory explaining the movement of the Earth's lithospheric plates and how these movements cause earthquakes, volcanoes, mountain ranges, and oceanic trenches.

Seafloor Spreading

The process by which oceanic crust is formed at mid-ocean ridges and moves outward from ridge crests, driven by tectonic plate movements.

Volcanic Activity

The process by which magma and gases are transferred from the Earth's mantle to its surface, including eruptions, lava flows, and gas emissions.