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One Way to Think of Sustainability Is to Consider the Systems

question 74

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One way to think of sustainability is to consider the systems necessary to support the triple bottom line of the three Ps, which are:


Definitions:

National Defense

A government's actions to protect its country and its citizens from external threats, often involving military capabilities.

Government Subsidy

refers to financial support provided by the government to businesses, individuals, or other governmental entities to encourage or support certain activities or reduce their costs.

Welfare Payments

Government-provided financial assistance to individuals or households, typically aimed at supporting those who are unemployed, disabled, or on a low income.

Efficiency Loss

The reduction in economic welfare or efficiency that occurs when a market does not allocate resources optimally, often due to externalities or market power.

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