CHAPTER 22 - CHAPTER 22 ECONOMICS PUBLIC POLICY AND THE...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 22 ECONOMICS, PUBLIC POLICY, AND THE ENVIRONMENT I. Economics and Public Policy A. Public Policy 1. What is Public Policy? 2. What role does public policy play in our lives? B. Relationships between Economic Development and the Environment 1. A healthy economy needs a healthy environment 2. What is an ecological economist? Fig. 23.1 Some of the most serious environmental problems can be improved with income growth, others get worse and then improve, and some problems just get worse.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Fig. 23.2 Land (meaning natural resources), labor and capital are the three elements constituting the "factors of production." Economic activity involves the circular flow of money and products. II. Resources and the Wealth of Nations A. The Wealth of Nations 1. Natural Capital may obtain from within or from outside the country 2. Human Resources 3. Produced Assets B. Resource Distribution 1. Disparities between Nations 2. Disparities within Nations
Background image of page 2
The natural environment encompasses the economy, which is constrained by the resources found within the environment. Fig. 23.5
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/17/2011 for the course ENVIRONMEN 201 taught by Professor Staff during the Spring '10 term at North South University.

Page1 / 10

CHAPTER 22 - CHAPTER 22 ECONOMICS PUBLIC POLICY AND THE...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online