Concept:
The
tragedy of the commons refers to the overuse and depletion of shared resources due to individual self-interest.
Step 1:Understand the examples.}
- Overfishing of Grand Banks
- Destruction of salmon due to damming
- Decline of sturgeon fishery
All involve
shared natural resources being overexploited.
Step 2:Link to concept.
When individuals exploit common resources without regulation, it leads to depletion:
\[
\Rightarrow \text{Tragedy of the commons}
\]
Step 3:Eliminate incorrect options.}
- Resource depletion $\rightarrow$ General term, not specific concept
- Overfishing and overpopulation $\rightarrow$ Partial explanation
- Companion animals $\rightarrow$ Irrelevant
Final Answer:
\[
{\text{tragedy of the commons}}
\]