November 23 Flashcards Preview

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Flashcards in November 23 Deck (16):
1

What is the system of the commons?

Each person has a right to the resources and the hardships of lost resources

2

What is a free loader?

People who prey on the common system

3

Do fisheries take advantage of the commons?

Yes

4

What is a PTV?

A policy target value set by politicians

5

What is an STV?

Scientific policy value set by scientists

6

Can fisheries reserve water?

Yes they can privatize a sector

7

Do fisheries exceed the allowable catch?

Yes

8

Do logging companies prey on the commons systems?

Yes and restrictions are set by the ministry of forests

9

What is GNP?

It is the equivalent of GDP or gross national product.

10

What is the problem with GNP?

It does not take into account non market values when selling resources

11

What was hardies concern about population size?

That we can not equally dived all the commons among everyone because of the increasing population

12

Tragedy of the commons happens is small or large scale societies?

Large

13

Why is the tragedy of the commons more common in a large society?

In bigger communities people cannot see the direct result or their bad actions

14

Why does global warming effect less developed nation?

Because it will reduce their wealth

15

Why do societies collapse?

Don't detect
Failure to perceive
Failure to try and solve
Failure to succeed

16

What are the four economic system?

Private enterprise
Socialism
System of the commons
Philanthropy