The Tragedy of the Commons and Finite Resources

What does the word "finite" mean in the context of the thesis supporting the tragedy of the commons?

A. We can draw from a resource forever, regardless of how much we use

B. Resources last forever

C. Resources last for a very, very long time

D. Resources do NOT last forever​

Answer: D

Explanation: Finite means that there is not an infinite amount of something, and therefore does not last forever.

What is the tragedy of the commons?

The tragedy of the commons refers to a situation in which individuals with access to a public resource, also known as a common act, act in their own interest and, in doing so, ultimately deplete the resource in the given environment.

A non-renewable resource, also known as a finite resource, is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with their consumption. An example is carbon-based fossil fuel, where the original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas molecule.

Therefore, the correct option is D.

The concept of the tragedy of the commons highlights the issue of individuals exploiting shared resources for their own benefit, leading to the depletion of these resources. This phenomenon can be seen in various real-world scenarios, such as overfishing in oceans, deforestation, and air pollution from industrial activities.

Finite resources, in the context of this thesis, refer to resources that have a limited supply and cannot be replenished at the same rate as they are consumed. This leads to the eventual depletion of these resources if they are not managed sustainably.

Understanding the concept of finite resources is crucial in addressing environmental challenges and promoting sustainable development. By recognizing the finite nature of certain resources, we can implement effective conservation measures and alternative solutions to ensure their long-term availability.

In conclusion, the tragedy of the commons and the concept of finite resources highlight the importance of responsible resource management and the need for collective action to address global environmental issues.

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