📚 Learning Guide
Public Goods and Free Rider Problem
easy

What is a common consequence of the tragedy of the commons in relation to public goods?

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
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Choose the Best Answer

A

Increased cooperation among individuals

B

Overexploitation of shared resources

C

Enhanced individual incentives to conserve resources

D

Decreased competition for resources

Understanding the Answer

Let's break down why this is correct

Answer

The tragedy of the commons occurs when a shared resource is overused and depleted because individuals act in their own self-interest instead of considering the group. This is especially true for public goods, which are resources that everyone can use without paying for them, like clean air or public parks. When people know they can benefit from these resources without contributing, they may take more than their fair share, leading to problems like pollution or overcrowding. For example, if everyone lets their dogs run freely in a public park without cleaning up after them, the park can become dirty and unpleasant for everyone, making it less enjoyable. Ultimately, this situation shows how important it is for communities to manage shared resources wisely to prevent depletion and ensure that everyone can benefit in the long run.

Detailed Explanation

When many people share a resource, they might use too much of it. Other options are incorrect because Some might think that sharing leads to better teamwork; It's easy to believe that sharing encourages saving resources.

Key Concepts

Tragedy of the commons
Topic

Public Goods and Free Rider Problem

Difficulty

easy level question

Cognitive Level

understand

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