question archive In the Tragedy of the Commons parable, if the medieval townspeople had foreseen the tragedy, then they could have dealt with the problem in much the same way that modern society deals with: a

In the Tragedy of the Commons parable, if the medieval townspeople had foreseen the tragedy, then they could have dealt with the problem in much the same way that modern society deals with: a

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In the Tragedy of the Commons parable, if the medieval townspeople had foreseen the tragedy, then they could have dealt with the problem in much the same way that modern society deals with:

a. fire protection.

b. poverty.

c. pollution.

d. national defense.

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The correct answer is: c. pollution.

Today, the more you pollute the environment, the more taxes you pay. This can lead a business into loss-making. Therefore, firms are keen to minimize the level of pollution they cause. The environment is a common resource since no one owns it but everyone uses it. Therefore, if left unregulated, people with the ability to pollute it more can do that without any accountability and responsibility. In much the same way, the medieval townspeople should have taxed sheep, which would have prevented people from owning too many sheep that eventually depleted the resources.

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