1: What does it mean that a factor is tangible? Intangible?
Tangible means something that can be measured and intangible means something that can't be measured
2: What is “tragedy of the commons”?
When the share of exploitation of an individual is greater than the share of their resulting loss
3: What is a “commons”?
When a resource owned publicity with public access
4: Explain how cow herding is an example of “tragedy of the commons”.
Cow herding is an example of tragedy of the commons because it is a good thing and a bad thing the bad thing about this is that there will be more grazing with more cowa the good thing is that you can make profit out of them when you sell them
5: What are some examples of the “commons”?
Some examples are the ocean, atmosphere, national parks, and fish stocks
6: How does low growth rate of a resource contribute to its overexploitation?
It contributes to it with resource stability
7: What is an externality? Give an example.
The cost to the environment top make something like the cost of pollution in the air to make a car
8: What are public services of nature (ecosystem services)? How much are they worth?
They're ecosystems that benefit humanity they are worth 3 trillion dollars
9: Why is it hard to value nature?
It is hard because people have different opinions of the value of nature
10: How do we evaluate the acceptability of risk?
It is evaluated by the number of people affected if more and more people are being affected by something it is a risk
11: What is the U.S. Toxic Substances Control Act?
It helps people be protected of hazardous waste it prevents people from making any new chemicals without the approval of the EPA
12: How do we achieve environmental policy?
We achieve it with help of the government investing in research also by making regulations
13: What are the 3 common methods of control of pollution?
1) Letting a maximum level of pollution to be released
2) Charging money to people who pollute
3) Making people have to go through a procedure to see if what they have can be polluted
Tangible means something that can be measured and intangible means something that can't be measured
2: What is “tragedy of the commons”?
When the share of exploitation of an individual is greater than the share of their resulting loss
3: What is a “commons”?
When a resource owned publicity with public access
4: Explain how cow herding is an example of “tragedy of the commons”.
Cow herding is an example of tragedy of the commons because it is a good thing and a bad thing the bad thing about this is that there will be more grazing with more cowa the good thing is that you can make profit out of them when you sell them
5: What are some examples of the “commons”?
Some examples are the ocean, atmosphere, national parks, and fish stocks
6: How does low growth rate of a resource contribute to its overexploitation?
It contributes to it with resource stability
7: What is an externality? Give an example.
The cost to the environment top make something like the cost of pollution in the air to make a car
8: What are public services of nature (ecosystem services)? How much are they worth?
They're ecosystems that benefit humanity they are worth 3 trillion dollars
9: Why is it hard to value nature?
It is hard because people have different opinions of the value of nature
10: How do we evaluate the acceptability of risk?
It is evaluated by the number of people affected if more and more people are being affected by something it is a risk
11: What is the U.S. Toxic Substances Control Act?
It helps people be protected of hazardous waste it prevents people from making any new chemicals without the approval of the EPA
12: How do we achieve environmental policy?
We achieve it with help of the government investing in research also by making regulations
13: What are the 3 common methods of control of pollution?
1) Letting a maximum level of pollution to be released
2) Charging money to people who pollute
3) Making people have to go through a procedure to see if what they have can be polluted