Question

Which example best illustrates the point behind the Tragedy of the Commons essay? A.Various nations overfishing in international waters, leading to a collapse of fish stocks. B. ​​​​​​A property owner clear-cutting all of the trees on his land to sell for timber. C. ​​​​​​A farmer that over plants his fields one year, leading to a poor harvest. D. ​​​​​​One country declaring war on another.

Answer 1

The best example illustrating the Tragedy of the Commons is various nations overfishing in international waters, leading to the depletion of fish stocks.

Step-by-step explanation:

The Tragedy of the Commons refers to an economic principle that illustrates the issue with resources that are held in common, which tends to lead to overexploitation due to the lack of individual ownership and responsibility. As it relates to the student's question, the example that best illustrates the point behind the Tragedy of the Commons essay is Various nations overfishing in international waters, leading to a collapse of fish stocks. This example clearly demonstrates how common resources like fish populations are depleted because individual countries or fishers lack motivation to exercise restraint, aiming instead to maximize their immediate benefits, leading to long-term negative effects such as collapsed fisheries.

Answer 2

Answer: B. A property owner clear-cutting all of the trees on his land to sell for timber.

Step-by-step explanation:

The tragedy of the commons is a problem whereby an individual pursue his or her own personal gain at the expense of the overall well-being of everyone in the society.

In this question, the tragedy of commons will be a property owner clear-cutting all of the trees on his land to sell for timber. Even though the owner makes some income for himself, this act will bring about soil erosion, depletion of resource or flood. He neglected the society in order to satisfy his own needs.