Economics and the Environment Quiz

<p>Households do not sell their output in the market. (C)</p> Signup and view all the answers

<p>Producing people for the future labour force. (D)</p> Signup and view all the answers

<p>Firms produce goods and services that are used by households. (C)</p> Signup and view all the answers

<p>The economy is part of a larger social system which is itself part of the biosphere. (B)</p> Signup and view all the answers

<p>Economic activity is dependent on environmental resources. (B)</p> Signup and view all the answers

<p>68% (A)</p> Signup and view all the answers

<p>The excessively low prices of goods and resources that deplete the environment. (D)</p> Signup and view all the answers

<p>It collapsed after decades of large-scale commercial fishing and was closed. (C)</p> Signup and view all the answers

<p>They risk reduced profits if competitors do not follow their conservation methods. (C)</p> Signup and view all the answers

<p>They put a price on CO2 emissions and limit the total amount of emissions. (B)</p> Signup and view all the answers

<p>By reducing the cost of environmentally sustainable goods and services. (B)</p> Signup and view all the answers

<p>Future human living standards and wellbeing. (B)</p> Signup and view all the answers

<p>Governmental and other collective solutions globally. (D)</p> Signup and view all the answers

<p>Increased environmental issues. (B)</p> Signup and view all the answers

<p>The Earth's rate of regeneration. (B)</p> Signup and view all the answers

<p>The expansion of the economy, and the way it is organized, leads to environmental degradation. (C)</p> Signup and view all the answers

<p>The tour bus operator has more incentive to maintain their buses in good condition as they are costly to replace. (D)</p> Signup and view all the answers

<p>Over-utilisation and depletion of natural resources. (C)</p> Signup and view all the answers

<p>The sale price doesn't reflect the cost to the environment. (B)</p> Signup and view all the answers

<p>Local communities organizing recycling schemes. (A)</p> Signup and view all the answers

The study of how people interact with each other and their natural environment in producing and obtaining their livelihoods, considering how this changes over time and across different societies.

These are essential for running a website and provide basic functionality. Examples include keeping users logged in and accessing resources.

These help improve a website's functionality and user experience by tracking usage patterns. They are only activated if the user gives their consent.

The collection of all living organisms on Earth, including plants and animals.

Goods and services produced for use within households, like cooking meals or taking care of family members, which are not usually sold in markets.

The flow of resources between firms and households within the economy, and between the economy and the environment. It shows how resources are used and transformed.

The process of combining labor, structures, and equipment to create goods and services that are sold in markets.

The natural resources that are essential for both human life and economic activity. They include air, water, land, and minerals.

The date when global demand for natural resources exceeds what Earth can regenerate in a year.

A type of economy where the government controls all aspects of production.

A measure of how much pollution affects a population's health.

Economic policies often prioritize individual choice and profits over strict environmental regulations.

The use of fossil fuels like oil and coal for energy production.

The use of natural resources exceeds the Earth's ability to replenish them.

The decrease in the variety of life forms on Earth, including plants, animals, fungi, and microorganisms.

The rise in the average temperature of the Earth's atmosphere and oceans.

The value of natural resources is not reflected in market prices, leading to overexploitation.

The depletion of natural resources due to their overuse.

The natural world's capacity to provide resources and absorb waste.

A combination of human activities that impact the environment, often resulting in negative outcomes

Human activities that prioritize sustainability and minimize environmental impact.

Policies aimed at reducing the negative environmental impacts of human activities.

Economic activities that deplete natural resources are artificially cheap due to hidden costs.

The ability of nature to absorb and break down waste.

The collective action of local communities, governments, and international bodies to address environmental issues.

The cost of environmental damage is not factored into the price of goods and services.

Technological advancements that reduce the cost of environmentally friendly products and services.

The impact of our current actions on future generations' well-being and resource availability.