[APEC100] - Final Exam Guide - Everything you need to know! (28 pages long)

• School: University of Delaware
• Department: Applied Economics and Statistics
• Course: APEC100
• Professor: Messer Kent

Document Summary

Sustainable development is development that meets the needs of the present without compromising the ability of the future generations to meet their own needs . Answer depends on natural resource processes and social processes. 3 - 4% in buildings, roads, parking lots, other infrastructure. Total monetary cost of over 100 billion. There has been a decline in coal use in the us. Minerals, air, water, solar radiation, atomic radiation. Soil has a mix of biotic and abiotic properties. Ownership of natural resources - public vs. private; forms of ownership: Land is more likely to be owned privately than air because land can be fenced and is easy to control. How can you buy and sell the earth? - chief seattle. Exploitation - take all that you can in a cost-effective manner, move on. Conservation - efficient use of natural resources while protecting capability for renewal. Noted potential for populations to increase rapidly > faster than food is available.