Topic 3 DQ 1

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Economics

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Jan 9, 2024

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Topic 3 DQ 1 Dec 11-13, 2023 Population is growing, which creates more demand for water, especially in the southwestern part of the United States. In general, states are using more water than the system can supply, diminishing this limited resource.
Utilize the Chapter 11 textbook reading, which covers concepts related to common resources such as water and the tragedy of the commons, as well as the podcast "Water in the West: Bankrupt?" provided in the topic Resources to address the following:
How would water bankruptcy work? Include who benefits and who loses as a result. Provide an alternative way in which a water shortage problem can be resolved? Hi all, Chapter 11 in the textbook reading explains a story the growth of population begins
causing issues for the small town, as there is too large of an increase in both sheep and population, causing the land to lose the ability to replenish itself. With no grass left, raising sheep is hard leaving leaving the wool industry in shambles. However there are options to help fix the issue. The
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