Term
| What is the difference between arithmetic growth and geometric growth, and which one does an uncontrolled population exhibit? |
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Definition
Arithmetic: linear
Geometric: exponential
Geometric |
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Term
| Define and graph: J-curve & S-curve & Overshoot, Dieback, Carrying Capacity |
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Definition
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Term
| What are some of the factors that act to maximize a population's biotic potential? |
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Definition
Reproductive rate
Ability to migrate to similar habitats
Ability to adapt and invade new habitats
Defense mechanisms
Resistance to disease |
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Term
| What are some of the env resistance factors that push back against the full biotic potential to keep the pop. in balance? |
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Definition
Lack of food, water, habitat
Climatic conditions
Predators and parasites
Competitions
Disease |
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Term
| What are the two most important factors that led to the current human pop. increase since the 1800's? |
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Definition
1) Reduction in disease transmission
2) Improvement in nutrition |
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Term
| What is the formula for a doubling time of a pop.? |
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Definition
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Term
| What is the current global human pop., its doubling time, and its growth rate? |
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Definition
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Term
| What region of the world has the largest pop. growth rate? |
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Definition
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Term
| What does the word "economy" mean? |
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Definition
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Term
| What is the env term for degradation of commonly held resources? |
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Definition
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Term
| How does one compute the net benefit to society for a resource at a given price point? |
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Definition
| The area between the S&D curves left of the quantity sold |
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Term
| In terms of supply and demand, what price point will give the max net benefit to society? |
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Definition
| Where supply and demand lines meet |
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Term
| What two assumptions are in place to calculate optimal price point for a resource which are known to be false? |
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Definition
Players must be rational
&
Have perfect information |
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Term
| What class of economic factors skew the optimal price point in real world economics? |
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Definition
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Term
| For environmental issues, what are the three most common failures of the market system? |
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Definition
Inability to:
-Recognize sustainable yield thresholds of natural systems
-Value nature's services
-Incorporate env costs of economic activities |
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Term
| What are the major economic strategies for fixing the problems the market system has? |
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Definition
Adjusted GNP
Closing the circle
Biomimicry |
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