5 Written Questions

1. When less developed countries adopt technological innovations developed in wealthy countries
2. Functions include gathering environmental information, conducting research, and assessing environmental problems
3. Refers to human knowledge and abilities
4. Includes measures of personal consumption, income distribution, levels of higher education, resource depletion, pollution, and the health of the population
5. Refers to all goods and services that humans produce

5 Matching Questions

1. United Nations (UN)
2. Market Failure
3. Leapfrogging
4. Stewardship
5. Economics

1. a Examines how humans either as indiciduals or as companies allocate scarce resources in the production, distribution, and consumption of goods and services
2. b A subset of the anthropocentric worldview that is the careful and responsible management and care for Earth and its resources
3. c When new technology develops in such a way that makes the older technology unnecessary or obsolete
4. d An institution dedicated to promoting dialogue among countries with the goal of maintaining world peace
5. e When the economic system does not appropriately account for all costs

5 Multiple Choice Questions

1. A subfield of economics that examines the costs and benefits of various policies and regulations that seek to regulate or limit air and water pollution and other causes of environmental degradation
   1. Ecological Economics
   2. Environmental Worldview
   3. Economics
   4. Environmental Economics
2. Human-centered worldview
   1. Biocentric
   2. Microlending
   3. Anthropocentric
   4. Ecocentric
3. The practice of both environmental and ecological economists attempting to assign monetary value to intangible benefits and natural capital
   1. Valuation
   2. Economics
   3. Well-being
   4. World Bank
4. A field that looks at economics as a component of ecological systems rather than as a distinctly separate field of study
   1. Ecocentric
   2. Ecological Economics
   3. Economics
   4. Environmental Economics
5. Provides technical and financial assistance to developing countries with the objectives of reducing poverty and promoting growth
   1. World Bank
   2. Valuation
   3. Well-being
   4. Microlending

5 True/False Questions

1. Well-being → The status of being healthy, happy, and prosperous

   True        False

2. Biocentric → Earth-centered worldview

   True        False

3. Natural Capital → Refers to the resources of the planet, such as air, water, and minerals

   True        False

4. Environmental Worldview → A subfield of economics that examines the costs and benefits of various policies and regulations that seek to regulate or limit air and water pollution and other causes of environmental degradation

   True        False

5. Microlending → The practice of loaning small amounts of money to people who intend to start a small business in less developed countries

   True        False