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Tragedy To The Commons
Tragedy To The Commons
Tragedy To The Commons
CCE-A14
GED110 AUGUST 22, 2019
The Tragedy of the Commons is an economic theory wherein it explains how people use the
natural resources available to their advantage without considering the good of the group or society as a
whole. When a number of individuals consider only their own welfare in this manner, it leads to
negative outcomes for everybody, as the natural resource becomes depleted