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Why Are Fish in the Ocean an Example of a Resource

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Essay

Why are fish in the ocean an example of a resource that suffers from the tragedy of the commons but cattle grazing in a farmer's pasture do not suffer from the tragedy of the commons?


Definitions:

Owned

Often colloquially used to mean dominantly defeated or embarrassed, typically in a competitive situation or argument.

Fewer

A comparative term used to indicate a smaller number of items, people, or entities in one group or category compared to another.

Diets

Regulated eating plans or patterns of food consumption, often aimed at achieving a specific health goal.

Plantations

Large farms in the Southern United States that mainly grew cash crops like tobacco, cotton, and sugar, often relying on slave labor before the Civil War.

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