Sustainability
Sustainability
Economics
Sustainability
Economics
and Capitalism
Economics
and Capitalism
Keyand
Concepts
Capitalism
Key Concepts
andKey
Principles
Concepts
and Principles
Comprehensive
and Principles
Comprehensive
Study
Comprehensive
Guide
Study
Environmental
Guide
Study
Environmental
Guide
Political
Environmental
Economy.pdf
Political Economy.pdf
Political Economy.pdf
Sustainability
Economics and
Capitalism Key
Concepts and
Principles
Comprehensive
Study Guide
Environmental
Political Economy
Sustainability
Sustainability
Economics
Sustainability
Economics
and Capitalism
Economics
and Capitalism
Keyand
Concepts
Capitalism
KeyandConcepts
Key
Principles
Concepts
andComprehensive
Principles
and Principles
Comprehensive
Study
Comprehensive
Guide
Study
Environmental
Guide
StudyEnvironmental
Guide
Political
Environmental
Economy.pdf
PoliticalPolitical
Economy Economy.pdf
,Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
1 Economics 2 Irreversibility
Environmental and natural
3 4 Equilibrium Price
resources
Don't know?
Terms in this set (132)
Economics The study of the allocation of scarce
resources among competing uses and needs
Sustainability A key concept when thinking about resource
uses
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
,Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
Primary Inputs Materials, labor, land, capital
Finished products Food products, clothing, automobiles
Environmental and natural Allocation of these resources is vital
resources
Natural resources Resources provided by nature that can be
divided into increasingly smaller units and
allocated at the margins (oil, fish)
Exhaustible Supplies are 'fixed', i.e. the rate of
regeneration is small compared to rate of
consumption (coal, minerals, oil)
Renewable Resources that have regenerative capabilities
(plants/trees, animals)
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
, Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
Environmental resources Resources provided by nature that are
indivisible. People do not consume these
resources directly, but rather services that
these resources provide (an ecosystem, an
estuary)
Conventional goods Goods that are typically produced and
consumed in the market
Resource flows Resources that do not exist as a stock but
rather have never-ending flows. Resource
flows do not have regenerative capabilities.
Examples: solar and wind energy
Intertemporal impacts Today's resource use affects future availability
Irreversibility Some resource losses cannot be restored
(e.g., fishery collapse)
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
Sustainability
Economics
Sustainability
Economics
and Capitalism
Economics
and Capitalism
Keyand
Concepts
Capitalism
Key Concepts
andKey
Principles
Concepts
and Principles
Comprehensive
and Principles
Comprehensive
Study
Comprehensive
Guide
Study
Environmental
Guide
Study
Environmental
Guide
Political
Environmental
Economy.pdf
Political Economy.pdf
Political Economy.pdf
Sustainability
Economics and
Capitalism Key
Concepts and
Principles
Comprehensive
Study Guide
Environmental
Political Economy
Sustainability
Sustainability
Economics
Sustainability
Economics
and Capitalism
Economics
and Capitalism
Keyand
Concepts
Capitalism
KeyandConcepts
Key
Principles
Concepts
andComprehensive
Principles
and Principles
Comprehensive
Study
Comprehensive
Guide
Study
Environmental
Guide
StudyEnvironmental
Guide
Political
Environmental
Economy.pdf
PoliticalPolitical
Economy Economy.pdf
,Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
1 Economics 2 Irreversibility
Environmental and natural
3 4 Equilibrium Price
resources
Don't know?
Terms in this set (132)
Economics The study of the allocation of scarce
resources among competing uses and needs
Sustainability A key concept when thinking about resource
uses
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
,Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
Primary Inputs Materials, labor, land, capital
Finished products Food products, clothing, automobiles
Environmental and natural Allocation of these resources is vital
resources
Natural resources Resources provided by nature that can be
divided into increasingly smaller units and
allocated at the margins (oil, fish)
Exhaustible Supplies are 'fixed', i.e. the rate of
regeneration is small compared to rate of
consumption (coal, minerals, oil)
Renewable Resources that have regenerative capabilities
(plants/trees, animals)
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
, Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
Environmental resources Resources provided by nature that are
indivisible. People do not consume these
resources directly, but rather services that
these resources provide (an ecosystem, an
estuary)
Conventional goods Goods that are typically produced and
consumed in the market
Resource flows Resources that do not exist as a stock but
rather have never-ending flows. Resource
flows do not have regenerative capabilities.
Examples: solar and wind energy
Intertemporal impacts Today's resource use affects future availability
Irreversibility Some resource losses cannot be restored
(e.g., fishery collapse)
Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf Sustainability, Economics, and Capitalism_ Key Concepts and Principles Sustainability, Economics, and Capitalism_ Key Concepts and Principles.pdf
