Question

the tragedy of the commons occurs primarily multiple choice where government subsidies are present. when incentives to preserve are strongest. where property rights are lacking. on privately held lands.

Answer 1

The tragedy of the commons occurs where property rights are lacking.

In economics, the tragedy of the commons is the situation in which individual users, who have free access to resources, are not bound by shared social structures or rules. officially govern access and use, acting independently in their own interest and contrary to general principles. common interests of all users, causing resource depletion due to their uncoordinated actions.

The concept originated in an essay written in 1833 by the British economist William Forster Lloyd, who used a hypothetical example of the impact of unregulated grazing on the region. common land in Great Britain and Ireland.

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