Unit 2 - Environmental Economics and Policy

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Across
  1. 1. a grant of cash or a public resource that is intended to encourage a particular activity or lower the price of a product
  2. 5. the value tat is not included in the price of a product or service
  3. 6. a method in which decision makers compare what will be sacrificed and gained by taking a specific action
  4. 7. efforts to influence an elected official into supporting a specific interest
  5. 8. manufactured materials and products that individual consumers and businesses buy
  6. 10. benefits provided to us by the natural environment
  7. 13. Environmental protection agency
  8. 14. A government body sets rules and threatens punishment for violations
  9. 15. the study of how resources are converted into products and services and of how those products and services are distributed and used
  10. 16. a situation in which a free economy, operating on its own, does not distribute resources fairly
  11. 17. taxes levied on companies that participate in activities or produce products that are harmful to the environment
  12. 18. the field of economics that recognizes the relationships between ecosystems and economic systems
  13. 19. the field of economics that links environmental and economic costs
Down
  1. 2. the work that someone or a company does for others as a form of business, such as home repairs
  2. 3. EIS
  3. 4. making unsubstantiated claims to trick consumers into thinking product or is environmentally friendly
  4. 9. a general plan and principle related to the interactions between humans and the environment
  5. 11. government determines the overall amount of pollution it will accept for a specific pollutant and issues permits that allow polluters to emit a certain fraction of that amount; permits can be bought/sold/traded among companies
  6. 12. a formal set of general plans and principles that guides problem solving and decision making in specific instances
  7. 15. a labeling system that tells consumers which brands are made with processes that do not harm the environment