Externalized costs are costs of production that someone else pays essentially . For example, vegetables from California’s Central Valley are cheaper to buy in Pennsylvanian than local produce.
Which of the following are examples of externalized costs?
Externalized costs are costs generated by producers but carried by society as a whole. For example, a factory may pollute water by dumping waste in the river without paying for it . Fifty kilometers downstream, the local government has to clean the water to use it as drinking water.
How many toxic pollutants does the American industrial production admit to releasing every year?
A lot of the toxics leave the factory as products, but even more leave as by- products, or pollution. And it’s a lot of pollution. 34 In the U.S., industry admits to releasing over 4 billion pounds of toxic chemicals a year35 and it’s probably way more since that is only what they admit.
Which of the following has the greatest percent recovery through recycling?
The highest recovery rates were achieved in paper and paperboard, yard trimmings, and metals . Americans recycled more than 64 percent of the paper and paperboard generated. Over 19 million tons of yard trimmings were composted, representing almost a five-fold increase since 1990.
When a factory pollutes a river the cost and losses that affect people downstream would be called?
| Term Ecology and economy are both derived from the Greek word “Oikos” meaning Definition Household | Term when a factory pollutes a river, the costs and losses that affect people downstream would be called _____ costs. Definition Incidental |
|---|
What is the meaning of externalizing?
transitive verb. 1 : to make external or externally manifest . 2 : to attribute to causes outside the self : rationalize externalized his lack of ability to succeed.
What is an example of a negative externality?
A negative externality exists when the production or consumption of a product results in a cost to a third party. Air and noise pollution are commonly cited examples of negative externalities.
What toxins do factories release?
The burning of coal releases toxic substances, including carbon dioxide, sulfur dioxide, nitrogen oxides, and mercury compounds . Coal-fired power plants generate the most sulfur dioxide pollution, as compared to other methods of power production.
What are the 5 steps of the materials economy?
– Olivia Mullin – The five stages of the material economy – Extraction, production, distribution, consumption, and disposal .
What are the 5 components of the materials economy of stuff?
According to “The Story of Stuff”, everything that we have the ability to consume is part of a linear system known as the Materials Economy. The system runs through five phases: Extraction – Production – Distribution – Consumption – Disposal .
What item has the greatest recycling rate?
Measured by percent of generation, lead-acid batteries are by far the most recycled materials in the US, according to data provided by the EPA. From 2010 until 2017, lead-acid batteries had a consistent recycling rate of 99.1%.
Why is electronic waste a problem quizlet?
E-waste is also a source of toxic and hazardous pollutants , including lead, mercury and polyvinyl chloride (PVC) plastic. These and other chemicals can contaminate the air, surface water, groundwater, and soil, and cause serious health problems and even early death for e-waste workers.
What is the major disadvantage of incinerating waste?
5. Incinerators Have Filters For Trapping Pollutants. The main problem concerning the incineration of solid waste was the release of hazardous compounds, particularly dioxin . Nonetheless, up to date incinerator plants use filters to trap hazardous gases and particulate dioxin.
What is meant by market failure?
Market failure is an economic term applied to a situation where consumer demand does not equal the amount of a good or service supplied, and is, therefore, inefficient . Under some conditions, government intervention may be indicated in order to improve social welfare.
What is the name of the process the lending institution is going through?
What is the name of the process the lending institution is going through? A cost-benefit analysis .
What is a pollution charge quizlet?
Pollution charges (taxes on emissions) are taxes that polluters are required to pay . The amount they pay depends on what they emit and in what quantities. ... The only sure way for the polluter to avoid paying pollution charges is to pollute less.
