The State of the Environment (Grade 12 NSC Matric Economics): Flashcards

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The State of the Environment
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Environmental sustainability

Maintaining environment to sustain life on Earth

Pollution

Harmful contaminants introduced into natural environment

Technology approach to pollution control

Use cleaner modern tech; limit outdated harmful methods

Marginal decisions in pollution policy

Govt decisions on acceptable pollution levels; balance needed

Self-interest motivation for environment

People naturally maintain clean surroundings they want to enjoy

Conservation

Careful management of resources to prevent depletion

Renewable vs non-renewable resources

Renewable replenish (trees); non-renewable cannot (fossil fuels)

Direct govt controls examples

Permits and quotas for fishing, forestry, mining

Preservation

Protecting existing environmental assets from destructive use

Externalities

Unplanned costs and benefits from economic activities

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