Sustainability Concepts and Natural Capital

The video tutorial discusses sustainability by linking natural capital and natural income. Natural capital refers to a nation's resources, such as forests and fisheries, which provide natural income in the form of goods and services. The tutorial explains that sustainable management of these resources ensures a continuous yield without depleting the capital. An example of a forest is used to illustrate sustainable practices, emphasizing the importance of not exceeding the natural income. The video also provides guidance on how to answer exam questions related to these concepts.

What is the relationship between natural capital and natural income?

• Natural income and natural capital are unrelated.

• Natural capital provides the resources that generate natural income.

• Natural income is the resources that a nation has.

• Natural capital is the yield from natural income.

Which of the following is NOT an example of natural capital?

• Manufactured goods

• Forests

• Fossil fuels

• Fisheries

What does natural income refer to?

• The total economic output of a country.

• The total resources available in a nation.

• The amount of money a nation earns from exports.

• The annual yield of goods and services from natural capital.

Which of the following is considered a service provided by natural capital?

• Wood production

• Mining operations

• Oxygen production through photosynthesis

• Paper manufacturing

In the forest example, what is the sustainable yield of wood per year?

• 10,100 kg

• 100 kg

• 10,000 kg

• 1,000 kg

What happens if more than the natural income is extracted from a resource?

• The resource regenerates faster.

• The resource is depleted, leading to unsustainability.

• The resource remains unchanged.

• The resource becomes more abundant.

What is the key concept of sustainability in resource management?

• Maximizing resource extraction

• Balancing extraction with natural replenishment

• Ignoring natural income limits

• Focusing solely on economic growth

What is the command word often used in exam questions about sustainability?

• List

• Outline

• Describe

• Explain

How can an aquifer be used sustainably?

• By not using it at all

• By extracting water at the rate it naturally refills

• By using it only for industrial purposes

• By extracting water faster than it refills

What is a helpful strategy when answering exam questions on sustainability?

• Use examples to illustrate concepts

• Provide a detailed text definition

• Focus only on theoretical aspects

• Avoid using examples