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| Description: Policy = a formal set of general plans and principles to address problems and guide decisions Public Policy = policy made by governments that consists of laws, regulations, orders, incentives, and practices Environmental Policy = pertains to human interactions with the environment Regulates resource use or reduce pollution The tragedy of the commons = the idea that a resource held in common that is accessible to all and is unregulated will eventually become overused and degraded Free Riders = reducing pollution tempts any one person to cheat Private voluntary efforts are less effective than mandated efforts Externalities = harmful impacts result from market transaction but are borne by people not involved in the transaction Picture Stats: Views: 359 Filesize: 87.39kB Height: 890 Width: 817 Source: https://biology-forums.com/index.php?action=gallery;sa=view;id=35801 |