Explain the Management of Renewable Resources?

Since the human population has grown, human impacts on the resources that we use, like fisheries and forests, have continued to grow. Recent developments, like the closure of the groundfish fishery off the west coast of the United States, and the closure of parts of the Grand Banks off the northeast United States to certain types of fishing are illustrative of the kinds of difficulties that are likely to increase in the future. Even though many of the same ideas outlined below apply to many renewable resources, we highlight various fisheries issues for illustrative purposes.