``Microeconomics

Common Goods
Aquatic life/Fishes
Introduction:
Common goods are those goods which are easily accessible to
everyone but have a competition means that we have a limited
supply for time being. If we see our surrounding everything
have its cost means that what thing look like that they are free
but they are actually not means, we are paying something in
order to get it. So main topic of common goods for today is
fishes. The reason fish is a common good if we keep catching
fishes and don’t take any actions on the production and life of
the fishes we may end up getting no fishes. The main reason of
less fishes is not mainly the fish caching but the major issue is
that the polluted water which make fishes decrease in quantity
and as well as end up making it less energetic and also un
healthy.
Factors:
There is a large amount of facts that are known by everyone
but they don’t want to show any type of interest people talk
about it for 1 to 2 minutes and then after that they are doing
the same thing we a have to look around and identify the stuff
happening around us which tells us a lot that we have to
protect our surrounding which will also help our future
generations. We have to follow the resources in order to save
the fishes and also in order to increase in the sully chain of
fishes. They are not there only for food but they are also there
for our mental and physical health. The fish is very healthy for
the diabetes patient in order to control the sugar level in the
body.
Economical Role:
The other part of the fishes is that it has a part in our economy
which makes us the exporter of fishes and other aquatic life’s
although the fishing is ban by china sometime due to corona
virus pandemic but before that it is in full peak.it cannot be
stopped because there are some countries that are not near to
the sea although they don’t have sea but also don’t have a lot
much aquatic life so they import fishes from countries like us
e.g. Pakistan, India and etc. The shrimp of Pakistan is famous
across the country as well as on other countries.
Maintenance:
During the growing of population day by day we have to figure
out as a human that aquatic life is important for both of us
nature and human needs. If there is no supply chain and only
demand and day by day demand is increasing and the supply
chain is remains the same as natural way, then the shortage is
near and thus we have to figure out a way that how we can be
maintain the supply of aquatic life in order to maintain the
equilibrium level of earth’s ocean environment for this we
humans have to become united and think together the way
how can we control the daily needs and maintain the aquatic
home.