Quota

Real World Example

Imagine you have a weekly budget for groceries to ensure you don't overspend. Just like setting a budget to manage your expenses and ensure you have enough money for other needs, a regulation that sets a species-specific total allowable catch manages fish populations to prevent overfishing. In this analogy, your weekly budget represents the total allowable catch, where each purchase is akin to the fish caught, ensuring you don't deplete your resources too quickly, just as the regulation prevents the depletion of fish stocks.