Collectively Owned Resources Tend to Be Overused, as No One

question 11

True/False

Collectively owned resources tend to be overused, as no one has an incentive to conserve them or use them optimally.

---

Definitions:

Geographic Isolation

Refers to the separation of populations by physical barriers, such as mountains or rivers, leading to genetic divergence and speciation.

Cultural Beliefs

The shared ideas, customs, and social behavior of particular people or societies that influence their worldviews and ways of life.

Johann Blumenbach

A German physician, naturalist, physiologist, and anthropologist, known for his classification of human races.

Human Equality

The principle or ideal that all humans are equal in rights, status, and opportunity, regardless of race, gender, or other characteristics.