ENV SCI CH 2 REVIEW

the study of how resources are converted into products and services and of how those products and services are distributed and used

• demand

• supply

• economics

• all of these

the amount of a product or service offered for sale at a given price

• supply

• demand

• cap and trade

• lobbying

imposed when an action by one person or firm harms another, outside of any market exchange. Usually tax payers take on the brunt of production pollution.

• green tax

• subsidy

• External costs / externalities

• ecolabeling

Tags

NGSS.HS-ETS1-3

NGSS.HS-LS2-7

a general plan and principle related to the interactions between humans and the environment.

• cost-benefit analysis

• non-market value

• policy

• environmental policy

Tags

NGSS.HS-ESS3-4

NGSS.HS-LS2-7

the field of economics that links environmental and economic costs

• environmental economics

• non-market value

• market failure

• supply

Tags

NGSS.HS-ESS3-2

the value that is not included in the price of a product or service

• market failure

• non-market value

• ecological economics

• green tax

situation in which a free economy, operating on its own, does not distribute resources fairly

• subsidy

• non-market value

• market failure

• supply

Tags

NGSS.HS-ETS1-3

ecolabeling

• a labeling system that tells consumers which brands are made with processes that do not harm the environment

• the field of economics that links environmental and economic costs

• a situation in which a free economy, operating on its own, does not distribute resources fairly

• the study of how resources are converted into products and services and of how those products and services are distributed and used

Tags

NGSS.HS-ETS1-3

NGSS.HS-LS2-7

an approach to environmental policy in which a government body sets rules and threatens punishment for violations

• environmental policy

• Environmental Impact Statement (EIS)

• green tax

• command-and-control approach

a tax levied on companies that participate in activities or produce products that are harmful to the environment

• subsidy

• green tax

• lobbying

• External costs / externalities

Tags

NGSS.HS-LS2-7