Sustainable Production and Consumption
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Questions and Answers

What conundrum does humanity face in the 21st century?

  • The struggle to feed and clothe billions
  • The threat of global epidemics
  • The challenge of escaping earth's gravity
  • The widening gap in economic power and ownership (correct)
  • What did the Chemical & Engineering News 'Special Report' predict in 1972?

  • The widening gap in economic power and ownership
  • The plague of global epidemics
  • The spread of war from countries to regions to the world (correct)
  • The rise of global terrorism and weapons of mass destruction
  • What is a major problem highlighted in the text?

  • The lack of knowledge and information sharing
  • The struggle to produce enough food and clothing
  • The scarcity of global commerce and exchange
  • The unequal distribution of economic power and ownership (correct)
  • Why do most people suffer under both capitalism and socialism?

    <p>They lack ownership of the means of production</p> Signup and view all the answers

    What is the consequence of rising levels of consumer credit, according to the text?

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

    What is the primary goal of the graduated personal income tax and the corporate income tax, according to the text?

    <p>Preventing monopolistic concentrations of capital</p> Signup and view all the answers

    What does the text suggest is necessary for effective, long-term solutions to global crises?

    <p>The application of logically consistent and morally sound principles</p> Signup and view all the answers

    What do people on the left believe the 'Third Way' to be?

    <p>A form of socialism with a capitalist whitewash</p> Signup and view all the answers

    What did the Washington Post editorialize about the 'Third Way'?

    <p>It does not exist</p> Signup and view all the answers

    What is lacking in a 'Just Third Way'?

    <p>A coherent theory and principles of economic justice</p> Signup and view all the answers

    What does the 'Just Third Way' propose as an alternative model of development?

    <p>A new vision for countries to succeed within the global marketplace</p> Signup and view all the answers

    What is one effect of globalization on the United States?

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

    What is the current system of economic globalization producing, according to the text?

    <p>An ever-widening and dangerous gap in economic power and economic self-determination</p> Signup and view all the answers

    What flaw do prevailing capitalist, socialist, and mixed economic systems share, according to the text?

    <p>Concentrating power and property in the hands of a few</p> Signup and view all the answers

    What is the defining principle of justice that the current economic paradigms lack, according to the text?

    <p>A focus on the dignity of every human person</p> Signup and view all the answers

    What happens when the power to produce is rising rapidly but the power to consume marketable goods and services is shrinking or confined to a stagnant or shrinking consumer base?

    <p>Producers are forced to cut costs, resulting in substandard production processes and shoddy goods that harm the environment</p> Signup and view all the answers

    What is the toll on the economy of damage to the environment?

    <p>Rising health costs and other unforeseen consequences of poor stewardship of land and natural resources</p> Signup and view all the answers

    What is one potential solution to prevent harm to others and the environment caused by pollution?

    <p>Applying appropriate technologies to recapture and turn pollutants into productive resources</p> Signup and view all the answers

    What does economic globalization mean for most people?

    <p>Growing gap between rich and poor, technological alienation of the worker, and wage arbitrage</p> Signup and view all the answers

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