When the term Faustian bargain is appliedin the text's discussion of the oil and natural gas industries,it refers to the idea that _____.

Question

​When the term Faustian bargain is appliedin the text's discussion of the oil and natural gas industries,it refers to the idea that _____.

Quizplus · Accepted Answer

The term Faustian bargain refers to making a deal or compromise for immediate gain without considering the long-term consequences or costs. In the context of the oil and natural gas industries, it means that although the price of oil may seem low in the short-term, the environmental costs in the long-term could be significant. This can be seen in issues such as climate change, pollution, and ecological damage. Choice B is incorrect because it does not fully capture the idea of a Faustian bargain. Choice C is not mentioned in the text's discussion. Choice D is related to the impact of the industries on the state's economy, but it does not accurately capture the meaning of Faustian bargain.

​When the Term Faustian Bargain Is Appliedin the Text's Discussion

When the Term Faustian Bargain Is Appliedin the Text's Discussion