Select the correct answer.

Which idea was the "tragedy of the commons" based on?

A. Individuals will engage in scientific research to evaluate the ecological impact.
B. Individuals will switch to renewable resources only after depleting nonrenewable ones.
C. Individuals will create conservation plans when they learn of the consequences.
D. Individuals will always prioritize sustainability over the overexploitation of resources.
E. Individuals will overexploit an open-access resource for their own benefit.

The Tragedy of the Commons explains how common resources can be overexploited due to individual self-interest, leading to long-term depletion. Shift towards sustainability and prioritizing collective good can help prevent this issue.

Explanation:

Tragedy of the Commons is an economic principle where resources held in common are inevitably overexploited due to individuals acting in their self-interest, leading to depletion of the resource.

For example, in international waters, each fisherman may catch fish for profit independently, but if all do the same, the fish stock may be depleted, causing long-term issues despite individual short-term gains.

To address this, a shift towards sustainability is crucial, where individuals prioritize the collective good over immediate benefits to avoid the tragedy of the commons.

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