Chapter 2 Economics and Environmental Policy

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Across
  1. 3. the field of economics that recognizes the relationships between ecosystems and economic systems
  2. 6. efforts to influence an elected official into supporting a specific interest
  3. 8. the field of economics that links environmental and economic cost
  4. 10. the amount of product or service offered for sale at a given price
  5. 11. a situation in which a free economy operating on its own, does not distribute resources facilities
  6. 12. a labeling system that tells consumers which brands are made with processes that do not harm the environment
  7. 13. the value that is not included in the prices of a product or service
  8. 14. a grant of cash or public resource that is intended to encourage a particular activity or lower the price of the product
Down
  1. 1. an approach to environmental policy in which a government body sets rules and threatens punishment for violations
  2. 2. a formal set of general plans and principles that guides problem solving and decision making in specific instances
  3. 3. the study of how resources are converted into products and services and of how those products and services are distributed and used
  4. 4. the amount of product or service people will buy at a given price if free to do so
  5. 5. a tax levied on companies that participate in activities or produce products that are harmful to the environment
  6. 7. the method in which decision makers compare what will be sacrificed and gained by taking a specific action
  7. 9. a system the US government uses first to determine an acceptable amount of a specific pollutant and then assigns a fraction of that amount to industrial sources of the pollutant