What Can Impede Ecologically Sound Development

question 24

Multiple Choice

What can impede ecologically sound development? 

• A) establishing land trusts 
• B) taxing land on the basis of the economically highest potential use 
• C) requiring environmental impact analyses for private projects 
• D) implementing conservation easements

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Definitions:

Short-term Profits

Short-term profits are the earnings a company generates over a brief period, often emphasizing immediate financial performance rather than long-term sustainability.

Market Price

The contemporary selling or buying price for a service or asset.

Valuation Allowance

A reserve created against deferred tax assets that may not be realized, reflecting a reduction in the assets' carrying value on the balance sheet.

Adjustment

An entry made in the accounts to correct an error or account for a transaction not recorded in the regular accounting period.