The Financial Resources Necessary to Implement a Capital Investment Program

question 14

Multiple Choice

The financial resources necessary to implement a capital investment program at the local level rarely are financed through:

• A) the federal government.
• B) tax increases.
• C) borrowing.
• D) fees and property assessments.

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Definitions:

Deep Ecology

A philosophical and environmental movement advocating for the inherent worth of all living beings regardless of their utility to human needs, promoting a radical shift in human attitudes towards nature.

Treadmill of Production

A theory suggesting that economic growth and development inevitably lead to environmental degradation due to the incessant need for resource extraction and waste production.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, where investments, production, distribution, and prices are determined mainly by competition in a free market.

Kyoto Protocol

An international agreement linked to the United Nations Framework Convention on Climate Change, which commits its parties to reduce greenhouse gas emissions, based on the premise that global warming exists and human-made CO2 emissions have caused it.