Matching
Please match each term in the left-hand column to the statement that it best exemplifies.
Premises:
Economic and social development that meets present needs without preventing future generations from meeting their needs
Management of a resource that considers the impact of its use at every stage of the process
The land needed to provide the resources for and assimilate the waste of a person or population
Doing business in a way that is good for people and the environment
Including both internal and external costs when setting a price for a good or service
A business model whose focus is on leasing and caring for a product in the customer’s possession rather than on selling the product itself
A production system in which the product is folded back into the resource stream when consumers are finished with it, or it is disposed of in such a way that nature can decompose it
The amount of readily produced resources that we could use and still leave enough behind to, in time, replace what we took
New theories of economics that consider the long-term impact of our choices on people and the environment
The wealth of resources on Earth
Those costs—such as manufacturing costs, labor, taxes, utilities, insurance, and rent—that are accounted for when a product or service is evaluated for pricing
Capable of being continued without degrading the environment
Costs that are not taken into account when a price is assigned to a product or service
Providing information about how a product is made and where it comes from
To give more weight to short-term benefits and costs than to long-term ones
An equation (I = P x A x T) that identifies three factors that increase human impact (I) directly: population size (P), affluence (A), and technology (T)
Considering the environmental, social, and economic impacts of our choices
The social science that deals with how we allocate scarce resources
Essential ecological processes that make life on Earth possible
Responses:
true cost
economics
green business
discount future value
environmental/ecological economics
ecosystem services
IPAT model
closed-loop system
sustainable
natural capital
ecolabeling
internal cost
sustainable development
service economy
external cost
ecological footprint
triple-bottom line
cradle to cradle
natural interest
Correct Answer:
Premises:
Responses:
Economic and social development that meets present needs without preventing future generations from meeting their needs
Management of a resource that considers the impact of its use at every stage of the process
The land needed to provide the resources for and assimilate the waste of a person or population
Doing business in a way that is good for people and the environment
Including both internal and external costs when setting a price for a good or service
A business model whose focus is on leasing and caring for a product in the customer’s possession rather than on selling the product itself
A production system in which the product is folded back into the resource stream when consumers are finished with it, or it is disposed of in such a way that nature can decompose it
The amount of readily produced resources that we could use and still leave enough behind to, in time, replace what we took
New theories of economics that consider the long-term impact of our choices on people and the environment
The wealth of resources on Earth
Those costs—such as manufacturing costs, labor, taxes, utilities, insurance, and rent—that are accounted for when a product or service is evaluated for pricing
Capable of being continued without degrading the environment
Costs that are not taken into account when a price is assigned to a product or service
Providing information about how a product is made and where it comes from
To give more weight to short-term benefits and costs than to long-term ones
An equation (I = P x A x T) that identifies three factors that increase human impact (I) directly: population size (P), affluence (A), and technology (T)
Considering the environmental, social, and economic impacts of our choices
The social science that deals with how we allocate scarce resources
Essential ecological processes that make life on Earth possible
Premises:
Economic and social development that meets present needs without preventing future generations from meeting their needs
Management of a resource that considers the impact of its use at every stage of the process
The land needed to provide the resources for and assimilate the waste of a person or population
Doing business in a way that is good for people and the environment
Including both internal and external costs when setting a price for a good or service
A business model whose focus is on leasing and caring for a product in the customer’s possession rather than on selling the product itself
A production system in which the product is folded back into the resource stream when consumers are finished with it, or it is disposed of in such a way that nature can decompose it
The amount of readily produced resources that we could use and still leave enough behind to, in time, replace what we took
New theories of economics that consider the long-term impact of our choices on people and the environment
The wealth of resources on Earth
Those costs—such as manufacturing costs, labor, taxes, utilities, insurance, and rent—that are accounted for when a product or service is evaluated for pricing
Capable of being continued without degrading the environment
Costs that are not taken into account when a price is assigned to a product or service
Providing information about how a product is made and where it comes from
To give more weight to short-term benefits and costs than to long-term ones
An equation (I = P x A x T) that identifies three factors that increase human impact (I) directly: population size (P), affluence (A), and technology (T)
Considering the environmental, social, and economic impacts of our choices
The social science that deals with how we allocate scarce resources
Essential ecological processes that make life on Earth possible
Responses:
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