Note Taking/Study Guide Chapter 2

[Blank] are the manufactured materials and products that individual consumers and businesses buy.

• goods

• services

• ideas

• locations

2. [Blank] are the work that someone or a company does for others as a form of business.

• services

• products

• goods

• materials

When demand is [Blank], decrease the quantity made.

• high

• low

• constant

• increasing

6. What is equilibrium?

• Demand = Supply

• A condition where only one force is acting

• A situation where there is constant movement

• A state of imbalance

What does environmental policy aim to do?

• Protect natural resources and ensure sustainable development

• Increase industrial production at any cost

• Promote deforestation for urban development

• Ignore climate change impacts

What two federal actions marked the modern era of environmental policy?

• The Clean Air Act and the Clean Water Act

• The Endangered Species Act and the National Environmental Policy Act

• The Resource Conservation and Recovery Act and the Toxic Substances Control Act

• The Comprehensive Environmental Response, Compensation, and Liability Act and the Safe Drinking Water Act

Environmental impact statement is part of which environmental policy?

• Clean Air Act

• National Environmental Policy Act

• Endangered Species Act

• Resource Conservation and Recovery Act

The ___ dealt primarily with the management of public lands and accompanied the westward expansion of the nation.

• First Period

• Second Period

• Third Period

• Modern Period

The executive branch of the U.S. government includes __ that puts law into action and enforces it.

• executive agency

• Green Peace

• Federal Reserve and World Bank

• NEPA

The __ increased awareness of environmental problems and brought about a shift in public priorities and public policy.

• First Period

• Third Period

• Second Period

• Modern Period