Critics Argue That Society Is Depleting Its Energy Resources Far

question 161

Multiple Choice

Critics argue that society is depleting its energy resources far too quickly.The most likely explanation for this behavior is that

• A)firms try to avoid making irreversible decisions about resource depletion.
• B)investors expect interest rates to fall continuously in the future.
• C)individuals tend to value their own well-being more highly than the well-being of future generations.
• D)people do not have what Pigou called a "defective telescopic faculty."

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Definitions:

Neighbourhood

A geographic area or community within a town or city where people live and interact.

School

An institution for educating children or people at various levels, usually including primary and secondary schools and sometimes tertiary institutions.

Jean Piaget

A Swiss psychologist renowned for his developmental stage theory that children progress through four critical stages of cognitive development.

Assimilation

A cognitive process in which individuals integrate new information with existing knowledge, or in a sociological context, the process by which individuals or groups adapt to the culture of another group.