In the Tragedy of the Commons, the issue of overcrowding was discussed, and Hardin used the example of sheep grazing land to illustrate its negative impacts.
When people have access to a shared resource and act in their own interests at the expense of other people, it creates a problem in economics and environmental science known as the Tragedy of the Commons. This may lead to excessive consumption, underinvestment, and resource depletion.
People's propensity to use shared resources to create a situation where demand far outweighs supply, the resource becomes unavailable to the group as a whole, and there may be a problem with scarcity and opportunity cost.
Learn more about Tragedy of the Commons:
brainly.com/question/22075885
#SPJ4
