Natural Capital: Elements and Components

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Questions and Answers

What is the primary function of natural capital in relation to human economies?

  • To allocate resources efficiently among different industries
  • To support and sustain human life and economic activity (correct)
  • To provide a means of exchange for goods and services
  • To regulate the environmental impact of human activities

What is an example of a perpetual natural resource?

  • Solar energy (correct)
  • Fertile soil
  • Fresh air
  • Crude oil

What are natural services, in the context of natural capital?

  • Goods provided by the environment, such as timber and minerals
  • Human-made systems that mimic natural processes
  • Processes in nature that support life and human economies (correct)
  • Energy sources, such as fossil fuels and nuclear power

What is the primary source of energy that supports almost all life on Earth, according to the text?

<p>Energy from the sun (A)</p> Signup and view all the answers

What is the correct classification of fresh air and fertile soil, in terms of natural resources?

<p>Renewable resources (C)</p> Signup and view all the answers

What is the primary cause of environmental degradation?

<p>The consumption of resources at a rate faster than their natural renewal (C)</p> Signup and view all the answers

What is the term for the capacity of a biologically productive area to generate a supply of renewable resources and absorb its wastes?

<p>Biocapacity (B)</p> Signup and view all the answers

What is the result when a country's ecological footprint is greater than its biocapacity?

<p>Ecological deficit (C)</p> Signup and view all the answers

What is the term for the maximum number of people the earth can support without being degraded?

<p>Carrying capacity (D)</p> Signup and view all the answers

What is the primary factor affecting the growth rate of a population?

<p>Fertility rates (D)</p> Signup and view all the answers

What is the result of a population exceeding its carrying capacity?

<p>Hunger, disease, and death (C)</p> Signup and view all the answers

What is the relationship between a country's ecological footprint and its biocapacity when it is living sustainably?

<p>Ecological footprint &lt; biocapacity (B)</p> Signup and view all the answers

What is the primary factor limiting the earth's carrying capacity?

<p>All of the above (D)</p> Signup and view all the answers

What is the term for the growth characterized by multiplications, not additions?

<p>Exponential growth (A)</p> Signup and view all the answers

What are the three Ps that need to be balanced to achieve environmental sustainability?

<p>People, planet, and profit (D)</p> Signup and view all the answers

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