Measures to Ensure Sustainability (Grade 12 NSC Matric Economics): Quizzes

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Measures to Ensure Sustainability
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What does the 'I' represent in the MICMA framework for sustainability?

Intervention by government

What market failure occurs when pollution costs aren't reflected in company expenses?

Externalities

Why is the environment overexploited according to market failure theory?

It's treated as a shared free resource

When is waste charging most effective at reducing environmental impact?

When proportional to waste produced

What are marketable permits in environmental policy?

Tradeable pollution allowance licenses

Which Command and Control approach focuses on limiting pollution amounts?

Quantity standards

What does CITES regulate internationally?

Trade in endangered species

Which principle emerged from the 1992 Rio de Janeiro Summit?

Polluters should pay

What did the 1997 Kyoto Protocol create for industrialised countries?

Legally binding emission commitments

Which conference established the Green Climate Fund for developing countries?

COP 17 Durban

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