Podcast
Questions and Answers
Why did the Federal Trade Commission remove the word 'natural' from its definition of a diamond?
Why did the Federal Trade Commission remove the word 'natural' from its definition of a diamond?
- Because natural diamonds are not worth the destruction they cause
- Because laboratories can create diamonds that are indistinguishable from natural ones (correct)
- Because lab-created diamonds cost half as much as natural ones
- Because natural diamonds are found only in specific places inside the Earth
Why do fans of natural gems argue against lab-created diamonds?
Why do fans of natural gems argue against lab-created diamonds?
- They think lab-created diamonds are harder to find than natural ones
- They believe lab-created diamonds are more environmentally friendly
- They think lab-created diamonds are more expensive than natural ones
- They believe lab-created diamonds are not the same as a one-of-a-kind dazzler made inside Earth (correct)
What makes natural diamonds valuable according to the mining industry?
What makes natural diamonds valuable according to the mining industry?
- They have a more brilliant sparkle than lab-created diamonds
- They are easier to find than lab-created diamonds
- They are harder than lab-created diamonds
- Each natural stone is unique (correct)
What is a concern raised by environmental experts regarding diamond mining?
What is a concern raised by environmental experts regarding diamond mining?
What is the main reason for the high value of natural diamonds according to the text?
What is the main reason for the high value of natural diamonds according to the text?
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Study Notes
Natural Diamonds vs. Lab-Created Diamonds
- The Federal Trade Commission removed the word 'natural' from its definition of a diamond, likely to reduce the distinction between natural and lab-created diamonds.
Arguments Against Lab-Created Diamonds
- Fans of natural gems argue that lab-created diamonds are not authentic or rare, making them less valuable.
Value of Natural Diamonds
- According to the mining industry, natural diamonds are valuable due to their rarity, beauty, and emotional value.
Environmental Concerns
- Environmental experts raise concerns about the environmental impact of diamond mining, including deforestation, habitat destruction, and water pollution.
High Value of Natural Diamonds
- The main reason for the high value of natural diamonds is their emotional value and perceived rarity, which drives up demand and prices.
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