Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
16 Cards in this Set
- Front
- Back
|
Economics |
The study of how resources are used and distributed |
|
|
Supply |
What is offered |
|
|
Demand |
the amount of supply people will buy at a given price |
|
|
Cost-Benefit Analysis |
A decision making tool that compares an activity's gains and cost |
|
|
Environmental Economics |
Argues that economics cannot be substainable unless environmental issues are addressed. |
|
|
Command and control |
the government sets rules and threatens punishments for viloations |
|
|
Taxes Breaks |
Government lowers or takes away taxes for business using eco friendly products |
|
|
Green taxes |
Extra taxes a company would have to pay if they are harmful to the environment. (the U.S does not participate in this) |
|
|
Cap and Trade |
Governments issues permits which allow a certain amount of pollution if you do not produce that amount then you can sell your permit to another business |
|
|
The united Nations |
Includes 190 nations, Head quarters in NYC, Purpose- promote peace and solve economic, social and cultural problems around the world |
|
|
European Union |
Consist of 27 nations, was created after world warII to promote Europe's economic and social progress |
|
|
World trade Organization |
Created in 1995 and promotes free trade and enforces fair trade amongst nations |
|
|
The World Bank |
Created in 1946 has 186 member nation and provides intrest free credit, loans and gives money to poor nations for projects that'll improve their citizens living standards |
|
|
International Environmental Policy |
International organizations and laws that help different government of the world come to an agreement on environmental issues |
|
|
Environment |
The aggregate of surrounding things, conditions or influences |
|
|
Environmental Science |
The branch of Science concerned with the Physical, chemical and the biological conditions of the environment and their effect on organisms. |
