E.1.1.2 - Understanding Our Environment

1. "If I don't use this resources, someone else will."

• cost - benefit analysis
• sustainability
• "Tragedy of the Commons"
• developed nation
• law of supply and demand

2. helps determine a product's worth

• cost - benefit analysis
• sustainability
• "Tragedy of the Commons"
• developed nation
• law of supply and demand

3. may be used to determine how much to spend to control pollution

• cost - benefit analysis
• sustainability
• "Tragedy of the Commons"
• developed nation
• law of supply and demand

4. diverse individual economics

• cost - benefit analysis
• sustainability
• "Tragedy of the Commons"
• developed nation
• law of supply and demand

5. human needs may be met indefinitely

• cost - benefit analysis
• sustainability
• "Tragedy of the Commons"
• developed nation
• law of supply and demand

6. What represents Earth's "modern commons"?

• shared natural resources
• protected grasslands
• threatened species
• unpolluted habitats

7. According to the law of supply and demand, what would occur if the supply of copper declined but the demand remained the same?

• Copper prices would drop.
• Copper prices would increase.
• Copper usage would drop.
• Copper usage would increase.

8. An ecological footprint is the

• mark a person's shoe makes in soft earth.
• number of animals a person has killed.
• amount of land and ocean area needed to support one person.
• number of trees people cut down.

9. Compared to developing nations, developed nations have

• lower health standards.
• faster-growing populations.
• greater personal wealth.
• declining populations.

10. Which of the following is a "developing" nation?

• the United States
• France
• Canada
• Ethiopia