Exam 17: Environmental Economics, Politics and Worldviews

Specify and define two of the seven guiding principles that should be considered in evaluating environmental policies.

An environmentally literate person will understand that our ____ are immense and are expanding rapidly.

What is an internal cost of driving a domestic car?

In ____________________, land is protected from hunting and mining but camping and sport fishing is allowed.

The goods and services produced by the Earth's natural processes that support all life are called ____________________.

Decisions about how to best use and preserve national resources in a democracy are often complicated by the many ____.

The ____________________ principle recognizes that the environmental and other problems we face are connected.

What do critics say about the command-and-control approach to U.S. environmental regulation?

A way that individuals can provide environmental leadership is to purchase and eat food that has been sustainably produced.

The ____ was deliberately designed to measure outputs, without taking into account their beneficial or harmful environmental impacts.

An ethical guideline to sustainable living is to ____ the way that nature sustains itself.

The amount of a good or service available for sale at a particular price is called the ____.

List at least three possible hidden costs associated with burning gasoline in an automobile.

According to the ____, when we use the earth's natural capital, we are borrowing from the earth and from future generations.

A potential problem to finding solutions to our environmental problems is that many current problems are not obvious to people on a day-to-day basis, making them seem less pressing than they really are.

Which type of economist views economic systems as subsystems of the biosphere that depend heavily on irreplaceable natural resources?

Some affluent people in more-developed countries are adopting a lifestyle of ____________________ , which involves learning to live with fewer possessions.

Briefly explain how the concept of microlending can help people get out of poverty.

History shows that significant change usually comes from the bottom up when individuals join together to bring about change.

The cap-and-trade approach to pollution reduction means that permit holders not using their entire allocation can save credits for future expansion.