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Chapter 20 - Sustainability, Economics and Equity
Friedland and Relyea
Terms in this set (31)
the status of being healthy, happy, and prosperous
The study of how humans allocate scarce resources in the production, distribution, and consumption of goods and services
Genuine Progess Indicator (GPI)
A measure f economic status that includes personal consumption, income distribution, levels of higher education, resource depletion, pollution and the health of the population
The phenomenon of less developed countries adopting technological innovations that originated in wealthy countries.
the phenomenon of less developed countries using new technology without first using the precursor technology
the resources of the planet, such as air, water, and minerals
human knowledge and abilities
all goods and services that humans produce
when the economic system does not account for all costs
a subfield of economics that examines costs and benefits of various policies and regulations related to environmental degradation
the study of economics as a component of ecological systems
The practice of assigning monetary value to intangible benefits and natural capital.
A worldview that encompasses how people think the world works, how they view their role in it, and what they believe to be proper behavior regarding the environment.
A worldview that focuses on human welfare and well-being.
the careful and responsible management and care for Earth and its resources
A worldview that holds that humans are just one of many species on Earth, all of which have equal intrinsic value.
a worldview that places equal value on all living organisms and the ecosystems in which they live
United Nations (UN)
A global institution dedicated to promoting dialogue among countries with the goal of maintaining world peace
United Nations Environment Program (UNEP)
A program of the united nations responsible for gathering environmental information, conducting research and assessing environmental problems
A global institution that provides technical and financial assistance to developing countries with the objectives of reducing poverty and promoting growth, especially in the poorest countries.
World Health Organization (WHO)
a global institution dedicated to the improvement of human health by monitoring and assessing health trends and providing medical advice to countries
United Nations Development Program (UNDP)
An international program that works in 166 countries around the world to advocate change that will help people obtain a better life through development
Environmental Protection Agency (EPA)
The U.S. organization that oversees all governmental efforts related to the environment, including science, research, assessment, and education.
Occupational Safety and Health Administration (OSHA)
An agency of the U.S. department of labor, responsible for the enforcement of health and safety regulations
Department of Energy (DOE)
The U.S. organization that advances the energy and economic security of the United States.
Human Development Index (HDI)
A measurement index developed by the UN to investigate the proportion of a population suffering from deprivation in a country with a high HDI
Human Poverty Index (HPI)
A measurement index developed by the United Nations to investigate the proportion of a population suffering from deprivation in a country with a high HDI
a strategy for pollution control that involves regulations and enforcement mechanisms
a strategy for pollution control that constructs financial and other incentives for lowering emissions based on profits and benefits
a tax placed on environmentally harmful activities or emissions in an attempt to internalize some of the externalities that may be involved in the life cycle of those activities or products
Triple Bottom Line
An approach to sustainability that considers three factors, economic, environmental and social when making decisions about business, the economy and development.
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