Economics · Environmental Economics
The phrase 'tragedy of the commons' is used in the context of:
- 1global climate change policy deadlocks.
- 2the degradation of renewable free-access shared resources.✓
- 3the tragic socioeconomic conditions of poor people.
- 4the tragic event related to damage caused by the release of poisonous gases.
Correct answer
the degradation of renewable free-access shared resources.
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