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The Tragedy of the Commons

Introduced
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Vocabulary
English Meaning
tragedy of the commons/ˈtrædʒədi ɒvðə ˈkɒmənz/Overuse of a shared resource when individuals act in their own interests without accounting for the costs imposed on others.
common resource/ˈkɒmən rɪˈzɔːs/A resource that is difficult to exclude people from using but is depleted or made less available when one person uses it.
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IGCSE, A-Level & AP