Part 1 of 4 Exam

Front

What is the process used to extract crude oil from the earth's crust?

Back

Drilling a well.

Front

How many categories do environmental policies generally fit into?

Back

2.

Front

What are renewable natural resources?

Back

Resources that are naturally replenished over short periods of time.

Front

What are environmental policies?

Back

Rules put in place to regulate the effects of human activities on the environment.

Front

What does 'demand' mean in economics?

Back

The number of people that are willing to purchase or use a resource.

Front

What is crude oil?

Back

A natural, unrefined petroleum product composed of hydrocarbon deposits.

Front

What is the significance of drilling a well?

Back

It allows for the extraction of crude oil and natural gas from underground reservoirs.

Front

What are the two main categories of environmental policies?

Back

Regulatory and market-based policies.

Front

What is the difference between renewable and non-renewable resources?

Back

Renewable resources can be replenished naturally over time, while non-renewable resources cannot.

Front

What is an example of a renewable resource?

Back

Solar energy.