Population is growing, which creates more demand for water, especially in the southwestern part of the United States. In general, states are using more water than the system can supply, diminishing this limited resource.

Utilize the Chapter 11 textbook reading, which covers concepts related to common resources such as water and the tragedy of the commons, as well as the podcast "Water in the West: Bankrupt?" provided in the topic Resources to address the following:

• How would water bankruptcy work? Include who benefits and who loses as a result.
• Provide an alternative way in which a water shortage problem can be resolved?