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Botkin and Keller Chapter 27 Reading Guide

Subject: 
Environmental Science [1]
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Tags: 
economics [2]
Market failure [3]
Environmental economics [4]
Environment [5]
Knowledge [6]
Moral suasion [7]
Global commons [8]
Tragedy of the Commons [9]
sustainability [10]
Externality [11]
Cost [12]
Overfishing [13]

APES- Chapter #27- Dollars and Environmental Sense: Economics of Environmental Issues Name: _________________________________________ 1) Read, ?The Economics of Mahogany? Case Study on pg. 583. Make a concept map showing the environmental issues associated with harvesting the wood of the mahogany tree. 2) How much $ does the United States spend dealing with pollution each year? 3) Explain and give an example of the difference between a tangible and intangible factor in environmental science. 4) What is ?The Tragedy of the Commons? and what are some examples of commons being exploited in the United States? 5) Why does low growth rate contribute to exploitation of a natural resource? Explain.

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