SOC101Y1 Study Guide - Polluter Pays Principle, Peak Oil, Easter Island

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6 Jan 2014
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Externality = when cost is externalized from private companies to the state, ex. when private companies harm the environment but taxpayers pay for the cleanup (176) Sustainable development = industrialization strategy that attempts to address economic, social, and environmental concerns in a balanced way by meeting the needs of the present generation without jeopardizing the ability of future generations to meet their needs (177) After world war ii, society focussed on how to distribute goods such as education equally among people (177) Risk society thesis = contemporary societies have become preoccupied with issues related to the distribution of social bads such as the externalities produced by industry (177) Environmental concern in canada seems to follow an economic contingency logic where more people think environmental issues are important in good economic times than in bad ones (177) Even though lots of people care about environmental issues, they often don"t mold their behavior accordingly (178)

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