Find a common (i.e., a shared resource) that is tragic (i.e., is inevitably degraded) in your...
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Find a common (i.e., a shared resource) that is tragic (i.e., is inevitably degraded) in your own life. It may be something that you observe in your town, job, school, or home, but it must have the elements of a "Tragedy of the Commons." Explain who shares this resource and why do they share it? Explain how these people use the resource for their own individual gain and show how the result is the depletion of the resource. What ideas do you have to improving the situation and enabling long-term sustainability of the resource? Who would it take to implement such changes? What challenges would those people face and how could they be helped? Find a common (i.e., a shared resource) that is tragic (i.e., is inevitably degraded) in your own life. It may be something that you observe in your town, job, school, or home, but it must have the elements of a "Tragedy of the Commons." Explain who shares this resource and why do they share it? Explain how these people use the resource for their own individual gain and show how the result is the depletion of the resource. What ideas do you have to improving the situation and enabling long-term sustainability of the resource? Who would it take to implement such changes? What challenges would those people face and how could they be helped?
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The image lists a set of instructions for an essay or discussion topic based on the Tragedy of the Commons which is a situation in economic theory whe... View the full answer
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
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