The basic premise of Tragedy of the Commons: a problem in economics that occurs when individuals neglect the well-being of society in the pursuit of personal gain. This leads to over-consumption and ultimately depletion of the common resource, to everybody's detriment. 1. On a global scale, what might be an example of Tragedy of the Commons? 2. On a local scale, what might be an example of Tragedy of the Commons? 3. Overall, Is this something we as humans should be concerned about? What can be done to avoid Tragedy of the Commons or is it unavoidable? Explain your answers