The commons and OVERGRAZING: http://people.oregonstate.edu/~muirp/overgraz.htm What do we mean by “overgrazing?” Basically the presence of too many animals on the land or for too long or at inappropriate seasons, such that the land becomes degraded.…
Resource depletion http://en.wikipedia.org/wiki/Resource_depletion From Wikipedia, the free encyclopedia Resource depletion is the consumption of a resource faster than it can be replenished.Resources are commonly divided between renewable resources and non-renewable resources. (See also Mineral resource…
Tragedy of the commons http://en.wikipedia.org/wiki/Tragedy_of_the_commons From Wikipedia, the free encyclopedia The tragedy of the commons is an economic theory by Garrett Hardin, which states that individuals acting independently and rationally according to each’s self-interest, behave…