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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Answer:
They have to pay property tax, but the amount would be lower than middle age couple
Explanation:
Most states prepare a certain amount of Exemption for retired people's property tax. The amount will be different between each states, and the majority of states allow the exemption only for elderly who are 65 years old and above.
For example, if that elderly live in new york, they will receive 50% exemption from their property value. If they live in Houston, they'd have a fixed $160,000 exemption plus additional 20% of their property value.
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Because the colonist thought it was an unfair act
Answer:
Prussia led the European pattern of military preparedness.