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ESci Chapter 2 review: Economics and Political Science Flashcards | StudBud
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ESci Chapter 2 review: Economics and Political Science
ESci Chapter 2 review: Economics and Political Science
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Questions
27
Answers
1
In the graph shown, the
supply
line shows a __________ correlation between quantity and price.
positive correlation
no correlation
negative correlation
2
Which era of U.S. environmental policy saw a backlash against policies that impacted business?
late-1800s to mid-1900s
1980s to 1990s
1780s to late-1800s
mid-1900s to 1970s
3
Purifying air and water, cycling nutrients, and containing or recycling wastes are examples of:
external costs
ecolabels
environmental ethics
ecosystem services
4
In the graph shown, the point where the two lines meet is called ____________________.
subsidy
equilibrium
correlation
cap-and-trade
5
In the graph shown, the
demand
line shows a __________ correlation between quantity and price.
positive correlation
no correlation
negative correlation
6
Which of the following organizations involved in environmentalpolicy can sign its own treaties?
U.N.
EU
NGOs
WTO
7
TRUE
or
FALSE
?
The strength of environmental policies may differ from state to state.
True
False
8
Which of the following lists the steps of environmental policy-making in order?
access, cause, law, organization, problem, solution
solution, problem, organization, law, cause, access
problem, cause, solution, organization, access, law
cause, problem, solution, access, organization, law
9
Companies who buy, sell, or trade carbon credits are working within what kind of system?
cap-and-trade
command-and-control
green taxes
subsidies
10
Which era of U.S. environmental policy saw increased awareness of pollution, efforts to fix it?
mid-1900s to 1970s
late-1800s to mid-1900s
1980s to 1990s
1780s to late-1800s
11
Which era of U.S. environmental policy aimed to solve problems caused by westward expansion?
late-1800s to mid-1900s
mid-1900s to 1970s
1980s to 1990s
1780s to late-1800s
12
An economy in which businesses and individuals decide what is made is called a _______________.
free market economy
socialist economy
centrally planned ecomomy
13
An international agreement for peace, alliance, commerce or other international relations is a:
policy
regulation
treaty
law
14
Which of the following correctly defines
policy
?
traditional procedures for dealing with specific problems
formal set of rules and principles for decision-making
work the government does for others as a form of business
comparison of what will be sacrificed and whatwill be gained
15
TRUE
or
FALSE?
Business, organizations, and private citizens all
shape environmental policy.
False
True
16
Energy Star, Fair Trade Certified, and USDA Organic are all examples of ____________________.
ecolabeling
command economies
free markets
ecosystems
17
An economy in which the government decides what is made is called a _______________.
free market economy
socialist economy
centrally planned ecomomy
18
Farmers who get government payments to reduce the price of argicultural products benefit from:
command-and-control
cap-and-trade
subsidies
green taxes
19
Comparison between what is sacrificed and what is gained by a specific action is known as what?
ecosystem services
cost-benefit analysis
supply and demand
green taxes
20
Pristine lakes, cave paintings, and rare flowers are all examples of goods with ____________.
market failure
supply and demand
nonmarket value
market value
21
Which of the following are shortcoming(s) of economics that harmed the environment in the past?
assuming nonstop economic growth is unsustainable long-term
planning for when resources runs out, finding a substitute
giving short-term costs-benefits more weight than long-term
assuming costs and benefits are only external, not internal
22
Which era of U.S. environmental policy encouraged westward expansion, dealt with public lands?
mid-1900s to 1970s
1980s to 1990s
late-1800s to mid-1900s
1780s to late-1800s
23
Efforts to influence an elected official into supporting a specific interest are known as:
campaigning
usury
lobbying
re-election
24
Which of the following describes the economic idea of "demand"?
amount of product people will buy at a given price
amount of a natural resource available in the environment
study of factors that influence decisions of buyers, sellers
amount of product offered for sale at a given price
25
Which era of U.S. environmental policy saw saw the most major laws in modern U.S. policy?
1980s to 1990s
late-1800s to mid-1900s
mid-1900s to 1970s
2000s to present
26
Which of the following organizations involved in environmental policy is NOT government funded?
WTO
NGOs
EU
U.N.
27
Which of the following describes the economic idea of "supply"?
amount of product people will buy at a given price
amount of a natural resource available in the environment
study of factors that influence decisions of buyers, sellers
amount of product offered for sale at a given price