Short-term Financial Gain and Commons Ownership
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Questions and Answers

What do Cornucopians believe regarding environmental conditions?

  • The impacts are limited to humans only
  • Other organisms or systems are not involved
  • Human ingenuity will solve any problem (correct)
  • The world is doomed and disaster is inevitable

    • How do Cassandras view the future according to the text?

  • Human ingenuity will solve any problem
  • Environmental impacts are limited to humans only
  • Other organisms or systems are not involved
  • The world is doomed and disaster is inevitable (correct)

    • What is the first step in solving environmental problems according to the text?

  • Blaming others for the problems
  • Ignoring the issues until they become severe
  • Procrastinating on addressing the problems
  • Identifying the problem (correct)

    • How does environmental science help us in relation to the environment?

    <p>Find balanced solutions to environmental problems</p> Signup and view all the answers

    In terms of economics, how can solving environmental problems benefit society?

    <p>Move towards health, longevity, peace, and prosperity</p> Signup and view all the answers

    What is the primary reason for dividing the commons into sections owned by villagers?

    <p>To ensure long-term planning and use</p> Signup and view all the answers

    What does 'The Tragedy of the Commons' refer to?

    <p>Exploiting a commons area for short-term economic gain</p> Signup and view all the answers

    How does economics influence environmental decision-making?

    <p>By conducting cost/benefit analysis</p> Signup and view all the answers

    What economic principle states that the greater the demand for a limited resource, the higher the price?

    <p>Supply and Demand</p> Signup and view all the answers

    In environmental decision-making, what does a cost/benefit analysis help to determine?

    <p>If the economic benefits justify the costs</p> Signup and view all the answers

    What was the immediate impact of the toxic chemical leak from the Bhopal Pesticide Plant in 1984?

    <p>About 3,000 immediate deaths</p> Signup and view all the answers

    What is the primary purpose of environmental science according to the passage?

    <p>To understand the impacts of development on the environment</p> Signup and view all the answers

    Which of the following is NOT mentioned as a global environmental problem in the passage?

    <p>Deforestation</p> Signup and view all the answers

    According to the passage, what is the key difference between environmental science and environmentalism?

    <p>Environmental science is the pursuit of knowledge about the natural world, while environmentalism is a social movement dedicated to protecting the natural world.</p> Signup and view all the answers

    What is the lesson of Easter Island according to the passage?

    <p>People annihilated their culture by destroying their environment.</p> Signup and view all the answers

    According to the passage, what is required to tackle global environmental problems?

    <p>Concerted effort from across the world</p> Signup and view all the answers

    Which of the following is NOT mentioned in the passage as a result of development?

    <p>Deforestation</p> Signup and view all the answers

    Study Notes

    The Tragedy of the Commons

    • A scenario in which a shared resource is depleted because each individual is motivated to use it for short-term economic gain
    • Examples: atmosphere, oceans

    Private Ownership and Long-term Planning

    • Dividing the commons into sections owned by each villager can promote long-term planning and resource management
    • Individuals are more likely to plan and use the resource sustainably when they have a stake in its long-term health

    Economics and the Environment

    • Economics plays a significant role in environmental decision-making
    • Key principles include supply and demand, cost/benefit analysis
    • The price of a limited resource increases with higher demand

    Case Study: Waukegan Harbor Cleanup

    • A $30 million cleanup effort began in 2010 to remove pollution from the harbor
    • The cleanup includes dredging the harbor floor, monitoring water, sediment, and fish populations

    Case Study: Bhopal Pesticide Plant Disaster

    • In 1984, a pesticide factory in Bhopal, India leaked toxic chemicals into the air, causing 3,000 immediate deaths and 8,000 long-term deaths
    • The disaster resulted in 558,125 reported injuries
    • The incident highlights the importance of environmental regulations and safety measures

    Importance of Environmental Science

    • Environmental science helps us recognize global environmental problems, such as climate change and biodiversity loss
    • It informs our understanding of the impact of development on the environment
    • Environmental science can help us find balanced solutions to environmental problems and promote health, longevity, peace, and prosperity

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    Description

    Explore the concept of maximizing short-term financial gain in a commons setting versus dividing the commons into owned sections by villagers for long-term planning. Learn about the Tragedy of the Commons, with modern examples like the atmosphere and oceans.

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