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Enviro Eco Intro Flashcards | StudBud
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Enviro Eco Intro
The PPC is used to show
Environmental resources include
Enviro Eco Intro
20 terms
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StudBud Administration
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20 plays
Environmental economics
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
Environmental resources include
oceans
all answers
sheep
eggs
2
The PPC is used to show
opportunity cost
the economic problem
all answers
scarcity
3
'Labour' is
doctor
cleaner
Bill Shorten
all answers
4
Which of the following is considered as 'land'?
answers 1 & 2
cattle
coal
farmer
5
Renewable resources can be
replaced quickly
cattle
solar power
all answers
6
Sustainable growth preserves the interests of
all answers
future generations
the environment
business
7
'Entrepreneurship' is
unlimited
everchanging
James Packer
using technology
8
A service is
answers 2 & 4
intangible
coffee
milk delivery
9
Which of the following is best classified as a need?
food
all answers
car
electricity
10
The 'economic problem' refers to
scarcity
scarce resources
rarity
relative scarcity
11
'Opportunity cost' is
the sacrifice
unlimited wants
limited resources
all answers
12
Environmental resources are
'free'
communally used
un-owned
all answers
13
Characteristic of wants?
all answers
unlimited
essential
renewable
14
One measure of the resources required to produce what we consume is the
resource footprint
carbon footprint
ecological footprint
green footprint
15
A key word which captures the meaning of 'needs'?
renewable
limited
greed
survival
16
Current Australian unemployment rate?
5.6%
6%
2.1%
5.8%
17
The PPC shows
unlimited wants
an economic model
demand from consumers
production possible
18
Which of the following would be considered non-renewable?
oil
Uluru
answers 1 & 3
wheat
19
Term which best defines 'land' resources?
free
limited
scarce
natural
20
'Capital' is
a tractor
answers 2 & 3
finance
human-made