Which of the following quotations illustrates the Tragedy of the Commons?
A)"A bird in the hand is worth two in the bush."
B)"The only difference between the rich and other people is that the rich have more money."
C)"What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others."
D)"Anyone who is not a socialist before he is 30 has no heart; anyone who is still a socialist after he is 30 has no head."

Question

Quizplus · Accepted Answer

This quote by Aristotle highlights the tragedy of the commons, which is the idea that when resources are shared by a group, individuals will act in their own self-interest rather than in the interest of the group, leading to the depletion or degradation of the resource.

Which of the Following Quotations Illustrates the Tragedy of the Commons