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To an Economist,the Terms Factor and Resource Are Synonyms

question 68

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To an economist,the terms factor and resource are synonyms.


Definitions:

Environmental Hazards

Encompasses various physical, chemical, and biological factors external to a person that can potentially harm the health of humans or ecosystems.

Environmental Performance

A measure of how well an organization or country is managing its environmental responsibilities and impacts.

Health and Well-Being

A holistic measure that includes physical, mental, emotional, and social health factors.

Prevention Principle

A proactive approach to environmental management aiming to prevent environmental degradation before it occurs.

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