Federal Acts 1
Provided 160 acres for the purchase price of $16.
Homestead Act
Miners could lease land for $5 and keep the profits.
General Mining Law
A giveaway of cash or public resources that is intended to help or encourage a particular activity.
Subsidy
In this economy the government decides what is made, how it is made, and who gets the goods.
Centrally Planned Economy
Supply
Regulates the discharge of pollutants into the nation's surface waters
Clean Water Act
Taxes imposed on companies that participate in activities or produce products that are harmful to the environment.
Green Taxes
In this economy individuals decide what is made, how it is made, and how much is made.
Free Market Economy
Demand
Provides for the conservation of ecosystems upon which threatened and endangered species of fish, wildlife, and plants depend.
Endangered Species Act
Requires government agencies and their contractors to formally evaluate the ecological impact of a project.
Environmental Impact Statement
The government puts a limit on carbon emissions and then allows “credits” to be traded among companies.
In this economy style the government and individuals partner together to make decisions on what is made and how it is made.
Mixed Economy
A value of something that is overlooked, or not usually factored into the price of goods or services.
Non-Market Value
Passed by Congress during the Great Depression to create jobs planting trees, fighting soil erosion, and improving wildlife habitats.
Emergency Conservation Work Act
Declared that the federal government, in cooperation with state and local governments, would act to “create and maintain conditions under which man and nature can exist in harmony.”
National Environmental Policy Act
Any incentive introduced by a local government designed to encourage behavior to preserve the environment.
Local Incentives
Centrally-Planned Economy
An attempt to compare the potential gains with the costs of doing something.
Cost-Benefit Analysis
National Park Service Act
Bald Eagles have made a significant population recovery after near extinction thanks to what national act?
$7,500 rebates/cash incentives to encourage the purchase of an electric car is an example of a(n)___?
Subsidy
The economy of modern United States would best be described as which model?
Mixed Economy
What is the Greek word that means economy and household?
Oikos