Environmental Economics Quiz

What studies resource allocation?

• Biology

• Physics

• Chemistry

• Economics

Tags

NGSS.HS-ESS3-2

NGSS.HS-ETS1-3

Tragedy of The Commons leads to

• Resource Depletion

• Profit Increase

• Resource Abundance

• Market Stability

Tags

NGSS.HS-ESS3-1

NGSS.HS-ESS3-3

Ecolabeling helps in making

• Sustainable Choices

• Price Decisions

• Brand Selections

• Quality Checks

Tags

NGSS.HS-ETS1-3

NGSS.HS-LS2-7

The free market economy lacks

• Private businesses

• Competition

• Government Intervention

• Market Demand

Environmental economics studies

• Economic effects

• Cultural impacts

• Animal behavior

• Historical events

Tags

NGSS.HS-ESS3-2

Non-market value includes

• Biodiversity

• Stocks

• Electronics

• Real estate

Tags

NGSS.HS-ESS3-1

NGSS.HS-LS2-7

Market failure often leads to

• Resource surplus

• Market expansion

• Economic growth

• Resource depletion

Tags

NGSS.HS-LS2-7

Centrally planned economies are controlled by

• Governement

• Consumers

• Corporations

• Non-profits

Ecological economics emphasizes

• Product development

• Sustainability

• Profit maximization

• Market shares

Tags

NGSS.HS-ESS3-4

NGSS.HS-LS2-7

Mixed economy combines

• Regulation and market

• Non-economic elements

• Only private sectors

• Only public sectors

Tags

NGSS.HS-ETS1-3