Exam 17: Environmental Economics, Politics and Worldviews

Since 1992, the Xerox company has been ____________________ most of its copying machines as part of its mission to provide document services rather than to sell new photocopiers that would consume more resources than necessary.

The cap-and-trade program for regulating air pollutants by the U.S. government is an example of a(n) ____.

The practice of including the estimated harmful environmental and health costs of resource use in the market price of goods and services is called ____________________.

Ecological economists are likely to favor finding ways to protect natural capital rather than consuming it.

What lifestyle choice does Gandhi's principle of enoughness address and how does it help the environment?

One approach to working toward more environmentally beneficial economies is to sell certain products that replace the need for services.

Some people contend that any ____ worldview will eventually fail because it wrongly assumes we now have or can gain enough knowledge to become effective managers or stewards of the earth.

Perverse ____ can distort the economic playing field and create a huge economic incentive for resource depletion and environmental degradation.

Within the last few years, developers have proposed the elimination of the National Park Services.

A tax on the amount of CO₂in exhaust from burning gasoline would be an example of a ____.

The energy used to assemble the parts of a new electronic device is an example of a(n) ____.

In a market-based economic system, economic decisions about prices are controlled by ____.

What is a financial tool to help people climb out of poverty?

How do proponents suggest we implement a tax shift to green taxes, which transfers taxes from income and wealth to pollution and environmental degradation?

Which of the following is true about security?

Taxes that discourage pollution are called ____________________.

Muhammad Yunus and his Grameen Bank received the Nobel Peace Prize for pioneering the use of ____________________ to assist millions of people in lifting themselves out of poverty.

Compare and contrast command-and-control and incentive-based, or innovation-friendly, government regulations. Explain the advantages of the incentive-based approach.

The ____ states that no group of people should bear an unfair share of the burden created by pollution, environmental degradation, or the execution of environmental laws.

To estimate the future value of a resource, the World Bank and most businesses use _____.