Economics
this is the study of how resources are converted into goods and services, and how they are distributed and used
What is economics
this is the field of economics that says economies can become sustainable if environmental challenges are addressed
What is environmental economics
this is a formal set of general plans and principles for addressing problems and guiding decision making
What is policy
areas that have this event occur tend to have stronger environmental laws
What are environmental catastrophes
this is a way of implementing policies in which a government sets rules and threatens punishment for violations
What is command-and-control approach
this is the amount of a product offered for sale at a given price
What is supply
this is the value not usually included in the price of a good or service
What is non-market value
this is a general plan or principle that addresses the interactions between humans and the environment
What is environmental policy
this is the branch of government where either the House of Representatives or the Senate introduce a bill
What is the Legislative Branch
this is a giveaway of cas or public resources to encourage an activity
What is a subsidy
this is the amount of a product people will buy at a given price if free to do so
What is demand
this is the result when a market does not reflect the full costs and benefits of actions
What is market failure
this is a report that evaluates the impact of new construction on the environment
What is the Environmental Impact Statement (EIS)
this is the branch of government where the President either vetoes or approves the bill
What is the Executive Branch
this is a form of a tax that is imposed on companies that do activities that hurt the environment
What is a Green Tax
this is a method used to compare what will be sacrificed and gained by a specific action
What is cost-benefit analysis
this is the labeling of products to identify brands that are made with processes that do not harm the environment
What is eco-labeling
these are the three goals of modern-day environmental policies
What are protect environmental quality, protect natural resources, and ensure resources are shared fairly
this is the branch that has the Supreme court interpret the law
What is the Judicial Branch
this is a system that gives companies a ticket to pollute the environment but only as much as a ticket will allow
What is cap-and-trade
this is the field of economics that applies the principles of Earth’s systems to economics
What is ecological economics
this is the government that decides what is made, how it is made, and who gets what
What is centrally planned economy
these three things are what science does in the process of environmental policy
What are identify, understand, and devise solutions for problems
from the 1780s to the late 1800s, people thought the amount of land and resources in the West was this
What is endless
this is a way for people to get elected officials to support a specific issue
What is lobbying