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Parent Node(s):
COMPETITION
a type of activity existing among two or more
elements of a system when each is striving to maximize its use of
a finite and/or non-renewable resource. Agricultural land is an
example of a finite, renewable resource. Mineral deposits are
examples of finite, non-renewable resources. Competition for
finite resources tends to accelerate rates of depletion or leads
to overuse (see the tragedy of the commons). Overuse of finite,
renewable resources can be corrected by altering the rewards and
costs of marginal changes in use.
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