Environmental Science - Ch 6 Flashcards

(38 cards)

1
Q

Ethics

A

A set of moral principles or values used to determine right or wrong

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2
Q

Economics

A

A social science that focuses on the production, distribution, and consumption of goods and services

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3
Q

Relativists

A

Believe that ethics vary depending on the context of the problem

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4
Q

Universalists

A

Define objective notions of right and wrong that hold across many cultures and contexts

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5
Q

Ethical Standards

A

The criteria that help to differentiate right from wrong

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6
Q

Principle of Utility

A

Something is right when it produces the greatest practical benefits for the most people

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7
Q

Instrumental Value

A

Something is valued for the pragmatic beliefs that it brings us

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8
Q

Intrinsic Value

A

Something is believed to have a right to exist and is valuable for its own sake

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9
Q

Environmental Ethics

A

The application of ethical standards to the relationship between people and non - human entities

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10
Q

Anthropocentrism

A

A human centered view. Non human things are given little or no intrinsic value.

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11
Q

Biocentrism

A

Ascribes intrinsic value to both human and nonhuman life

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12
Q

Ecocentrism

A

Judges actions based on their effects on ecological systems, including nonliving elements

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13
Q

John Muir

A

Believer in transcendentalism, promoted the preservation ethic

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14
Q

Preservation Ethic

A

We should protect nature in its pristine, unaltered state

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15
Q

Gifford Pinchot

A

Founder of the US Forest Service, created the conservation ethic

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16
Q

Conservation Ethic

A

People should use natural resources in a wise, careful manner in order to provide the greatest good for the greatest number of people for the longest period of time

17
Q

Development Ethic

A

Opposed by both Muir and Pinchot; Promotes economic development as a priority

18
Q

Aldo Leopold

A

Author of “A Sand County Almanac”

19
Q

Economy

A

A social system that converts resources into goods and services

20
Q

Goods

A

Material commodities

21
Q

Services

A

Work done for others

22
Q

Ecosystem Goods

A

Include fresh water, trees that provide timber, energy from the sun, wind, water and fossil fuels

23
Q

Ecological Services

A

Include air and water purification, climate regulation, pollination and waste recycling

24
Q

Classical Economics

A

The marketplace will behave as if guided by an “invisible hand” to benefit society

25
Neoclassical Economics
Describes a conflict between buyers, who want a low price, and sellers, who want a high price
26
Supply
The amount of product offered for sale at a given price
27
Demand
The amount of product people will buy at a given price
28
Cost - Benefit Analysis
Compares the estimated cost of a proposed action with its benefits
29
Environmental Economics
Goal is to attain sustainability within our economic systems
30
Ecological Economics
Economies should attain a stability, much like natural populations do in the face of environmental limitations
31
Discounting
Future effects are granted less value than ones in the present
32
Nonmarket Values
Not a part of the price of a good or service
33
Gross Domestic Product (GDP)
The total monetary value of goods and services produced in a year
34
Genuine Progress Indicator (GPI)
Adds in unpaid positive contributions, such as parenting and volunteering
35
Market Failure
Occurs when positive outside forces and external costs are not considered
36
Ecolabeling
Advertising sustainable practices on the labels of certain products to attract more customers
37
Greenwashing
Corporate greening efforts pursued mostly for PR with little impact
38
Sustainable Development
A form of economic progress that maintains resources for the future