Environmental Economics: Exclusion of Environmental Costs

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17 Questions

What percentage of the world's population has no decent bathroom facilities?

38%

What has been the primary source of energy for the large-scale production of goods during the Industrial-Medical Revolution?

Fossil fuels

What is a major health problem faced by the poor due to indoor air pollution?

Severe respiratory disease

How many people die prematurely from preventable health problems due to poverty and environmental degradation?

Millions

What was the primary means of obtaining food for humans before the Agricultural Revolution?

Hunting and gathering

What is the term used to describe the total amount of environmental resources used by a particular human population?

Ecological footprint

What is a reason why companies do not pay for the environmental costs of resource use?

Their primary goal is to maximize profits.

Why do poor people have many children?

For survival and old-age care.

What is a characteristic of affluent lifestyles in developed countries?

High levels of consumption and unnecessary waste.

How many tractor-trailer loads of resources are needed to support one American per year?

27

What is a consequence of poverty on population growth?

An increase in population growth.

Why do fishing companies not pay for the depletion of fish stocks?

Because they are not required to by law.

Why is the western economic model unsustainable for developing countries?

Because it is based on fossil fuels and wasteful resource use

What is a major consequence of the lifestyles of affluent consumers in developed countries?

Unnecessary waste of resources and high levels of consumption

What is the projected population growth in India by 2033?

A population larger than China's

What is the current rate of resource use compared to ecosystem regeneration?

Humans use resources 1.7 times faster than ecosystems can regenerate

What is the estimated number of truckloads of resources needed to support the entire U.S. population per year?

7.9 billion truckloads per year

This quiz covers the concept of externalities in environmental economics, where companies do not pay for the environmental costs of their resource use. Learn how this affects the environment and the economy.

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